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Failing Vice Media Outlet Closes Deal With George Soros

Posted on AllSides May 5th, 2023
From The Right
AP Photo/Francois Mori, File

Billionaire George Soros is set to take control of Vice Media, a failed liberal media network. 

According to the Wall Street Journal, Vice Media is close to settling a deal to sell itself out of bankruptcy to lenders, including Fortress Investment Group and Soros Fund Management, for a roughly $400 million valuation.

At its prime in 2017, Vice Media was at its peak valuation of $5.7 billion. 

Nearly all of Vice’s stockholders, including James Murdoch, the son of Fox News CEO Rupert Murdoch, will be forfeited as a result of...

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