Vice Media preparing to file for bankruptcy, seeks buyer: Report
Image Credit: business standard
The digital-media disrupter, Vice Media is preparing to file for bankruptcy, if it fails to find a buyer, according to the New York Times citing two people with knowledge of its operations. The brash digital media disrupter that has charmed giants like Disney and Fox into investing can file for bankruptcy in the coming weeks, according to three people familiar with the matter who wasn't authorized to discuss the potential bankruptcy on the record.