Monday, July 31, 2023

VICE Media Group Acquired Out Of Bankruptcy By Lenders

VICE Media Group, which has some operations in Los Angeles, says that it has completed the sale of the company to a consortium of former lenders, including affiliates of Fortress Investment Group LLC, Soros Fund Management and Monroe Capital. VICE Media Group was acquired out of bankruptcy. The consortium of investors paid around $350M for the assets of VICE.