Vice Media has filed for bankruptcy and George Soros has stepp | Red.Pill.Pharmacist ☆☆☆
Vice Media has filed for bankruptcy and George Soros has stepped in to snap it up. Shocker.
A group of Vice’s lenders, including Fortress Investment Group and Soros Fund Management, is in the leading position to acquire the company out of bankruptcy. The group has submitted a bid of $225 million, which would be covered by its existing loans to the company. It would also take over “significant liabilities” from Vice after any deal closes.
