The company behind the websites Vice and Motherboard has filed for bankruptcy in the US and is set to be sold to a group of its lenders.
Vice Media Group - which was valued at $5.7bn (£4.5bn) in 2017 - could be taken over for $225m.
The youth-focused digital publisher said it will continue to operate during the bankruptcy process.
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The company behind the websites Vice and Motherboard has filed for bankruptcy in the US and is set to be sold to a group of its lenders.
Vice Media Group – which was valued at $5.7bn (£4.5bn) in 2017 – could be taken over for $225m.
The youth-focused digital publisher said it will continue to operate during the bankruptcy process.
Please subscribe here: http://bit.ly/1rbfUog
#Media #BBCNews
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