Soros To Buy Bankrupt Vice Media

According to The Wall Street Journal, George Soros is planning to buy bankrupt Vice Media at a valuation of around $400 million.

Vice Media, which once had a valuation of $5.7 billion, went woke and is now broke, is set to be acquired out of bankruptcy at a valuation of around $400 million by Fortress Investment Group and Soros Fund Management, according to The Wall Street Journal, citing people familiar with the matter.

A bankruptcy filing appears imminent and would be a fitting endi...

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