Vice Media, the digital media and broadcasting company, has completed its sale to a group of former lenders led by Fortress Investment Group, Soros Fund Management and Monroe Capital. The sale was announced back in June and is valued at $350 million (€318.9m). A company statement read: “We are very pleased to complete the acquisition […]

A group of Vice’s lenders led by Fortress Investment Group looks set to take over Vice Media after the consortium’s $225 million (€206.9m) offer for the bankrupt company emerged as the only ‘qualified’ bid, according to a legal filing. An auction scheduled for June 22nd was cancelled and a hearing to approve the sale of […]