Vice Media Preparing to File for Bankruptcy

Vice Media by diz v. is licensed under Creative Commons
The media company Vice will reportedly soon file for bankruptcy despite being previously valued at $5 billion with deals at major companies.

Two sources familiar with the situation told the New York Times that Vice has been looking for a buyer to potentially stave off filing for bankruptcy and that no such buyer has materialized yet.
 

In a statement on Monday, Vice said that the company has been “engaged in a comprehensive evaluation of strategic alternatives and planning.”

Vice Media by diz v. is licensed under Creative Commons

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