Fortress-led group set to buy Vice Media | World Business Watch | WION

Fortress-led group set to buy Vice Media | World Business Watch | WION

The Vice media's bankruptcy saga is drawing to a close. Media reports suggest that fortress investment group is all set to buy the bankrupt media company. Fortress, Vice's largest secured creditor, is leading the buyer's list. It is followed by Soros fund management and Monroe capital. All three have made a combined bid of 225 million dollar to take over the company. A bankruptcy judge will have to give a final approval to the deal. #vice #bankruptcy #businessnews About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults. Subscribe to our channel at https://goo.gl/JfY3NI Check out our website: http://www.wionews.com Connect with us on our social media handles: Facebook:   / wionews   Twitter:   / wionews   Follow us on Google News for the latest updates Zee News:- https://bit.ly/2Ac5G60 Zee Business:- https://bit.ly/36vI2xa DNA India:- https://bit.ly/2ZDuLRY WION: https://bit.ly/3gnDb5J Zee News Apps: https://bit.ly/ZeeNewsApps