After a 29-year run, Vice files for bankruptcy

TechCrunch
By Amanda SilberlingMay 15, 2023, 11:27 am274 pts
Vice was valued at $5.7 billion just six years ago, eyeing a potential IPO. Now, the trendsetting media company has filed for Chapter 11 bankruptcy. The company’s lenders — Fortress Investment Group, Soros Fund Management and Monroe Capital — have agreed to purchase the company for $225 million. That’s…

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