Vice Media Group, the company popularly known for its websites such as Vice and Motherboard, said on Monday (May 15) it had filed for Chapter 11 protection to facilitate its sale. The company said in a court filing that it listed both assets and liabilities in the range of US$500 million (S$669 million) to US$1 billion. Vice also said the...
Vice magazine co-founder Gavin McInnes speaks on stage with members of the Proud Boys organization at the A Night for Freedom event organised by Mike Cernovich, in Manhattan, New York, US on Jan 20, 2018.Vice Media Group, the company popularly known for its websites such as Vice and Motherboard, said on Monday it had filed for Chapter 11 protection to facilitate its sale.
Vice also said the group agreed to the terms of an asset purchase agreement with a consortium of its lenders, which included Fortress Investment Group, Soros Fund Management, and Monroe Capital.
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Vice Media files for bankruptcy protectionNEW YORK: Vice Media, once the darling of the digital news media world, said on Monday (May 15) it had filed for Chapter 11 bankruptcy protection to facilitate its sale. Millennial-focused Vice, known for its edgy news and lifestyle content, had been among the rising stars of a new breed of digital media f
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Vice Media files for bankruptcy protectionVice said it had agreed to the terms of an asset purchase agreement with a consortium of its lenders. Read more at straitstimes.com.
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Vice Media files for bankruptcy protectionNEW YORK — Vice Media, once the darling of the digital news media world, said on Monday (May 15) it had filed for Chapter 11 bankruptcy protection to facilitate its sale.
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Vice Media files for bankruptcy as ad business suffers:Vice Media Group, popular for websites such as Vice and Motherboard, filed for bankruptcy protection on Monday to engineer its sale to a group of lenders, capping years of financial difficulties and top-executive departures.The bankruptcy filing is a fallout of a challenging period for many technology and me
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