Vice Media Approaches Sale to Lenders at a Steep Discount from $5.7B Peak Valuation: WSJ
Vice Media, a once-thriving New York-based media outlet, is reportedly near an acquisition deal worth $400 million with Soros Fund Management, Fortress Investment Group, and other lenders. Following financial struggles and rumors of bankruptcy, Vice’s valuation has plummeted from $5.7 billion in 2017 to its current valuation in this deal. The acquisition would result in […]