#vice media bankruptcy

With the announcement of Vice Media heading for bankruptcy two weeks ago, the company has confirmed to file for bankruptcy. Vice Media has officially filed for bankruptcy. Should no company step forward to acquire Vice Media, Fortress Investment Group and Soros Fund Management are currently in the position to grab the company. Operations for Vice and their businesses will still continue even with the bankruptcy. Vice Media is another digital-media company that has filed bankruptcy this year. Vice Media, a Canadian-American digital media and broadcasting company is planning to prepare for bankruptcy. Founded back in 1994 as an alternative punk magazine, Vice is preparing to file for bankruptcy. Disney and Fox are among Vice's investors, but should the bankruptcy proceed, Fortress Investment Group—Vice's largest creditor—might take over the business. Read more in our articles including "Vice Media officially files bankruptcy" and "Vice Media heading for bankruptcy".