Vice Media files for Chapter 11 bankruptcy
The following excerpt was sent out from Variety: Struggling media company Vice Media Group said on Monday it had filed for Chapter 11 protection to facilitate its sale to a subset of its backers. The company said in a court filing that it listed both assets and liabilities in the range of $500 million to $1 billion […]
Vice Media in plans to file for bankruptcy
The following excerpt was sent out from the Financial Post: Vice Media is preparing to file for bankruptcy, capping the rapid fall of a former industry darling that attracted investment from the world’s largest entertainment companies. The online media company has been looking for a buyer but is now preparing for a possible bankruptcy filing in […]
