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Vice’s New Owners Prepare to Slash What’s Left of Its Work Force
Posted inFortress Investment Group L.L.C Layoffs and Job Reductions News and News Media Vice Media Inc Vice News

Vice’s New Owners Prepare to Slash What’s Left of Its Work Force

Vice Media, which emerged from bankruptcy last year, is planning to cut hundreds of its more than 900 employees, according to people familiar with the matter.
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Posted by By Benjamin Mullin
Fortress Investment Group Set to Acquire Vice Out of Bankruptcy
Posted inBankruptcies Fortress Investment Group L.L.C Mergers, Acquisitions and Divestitures News and News Media Vice Media Inc

Fortress Investment Group Set to Acquire Vice Out of Bankruptcy

The company was part of a group of bidders that offered $225 million to acquire the bankrupt media company.
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Posted by By Lauren Hirsch and Benjamin Mullin

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