The company announced that George Soros has purchased Vice Magazine and will provide $225 million in the form of a credit bid for most of Vice Media's assets.
Once a digital media darling, Vice Media Group on Monday filed for bankruptcy protection after years of financial troubles.
A consortium of Vice’s lenders which includes Fortress Investment, Soros Fund Management and Monroe Capital is looking to acquire the company following the filing.
The digital media trailblazer, once valued ...
