Vice Media Files for Bankruptcy and Sells Itself to Lenders

Vice Media Files for Bankruptcy and Sells Itself to Lenders

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Vice Media filed for bankruptcy to reorganize its company today (May 15). A group of its lenders that have previously given money to the business will purchase Vice for $225 million, unless Vice can find a bidder willing to pay more, a company statement said. At its peak in 2017, Vice was worth…

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