{"id":1925566,"date":"2023-05-06T05:57:50","date_gmt":"2023-05-06T09:57:50","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/george-soros-and-fortress-investment-group-to-acquire-bankrupt-vice-media\/"},"modified":"2023-05-06T05:59:38","modified_gmt":"2023-05-06T09:59:38","slug":"george-soros-and-fortress-investment-group-to-acquire-bankrupt-vice-media","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/george-soros-and-fortress-investment-group-to-acquire-bankrupt-vice-media\/","title":{"rendered":"Soros and Fortress to buy bankrupt VICE Media."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fgeorge-soros-and-fortress-investment-group-to-acquire-bankrupt-vice-media%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1925566&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Vice Media Bought Out of Bankruptcy by Fortress Investment Group and Soros Fund Management<\/h2>\n<p>Vice Media, once valued at $5.7 billion, has been bought out of bankruptcy by Fortress Investment Group and Soros Fund Management for $400 million. This acquisition deal will eliminate all stockholders, including TPG, Sixth Street Partners, and James Murdoch. The plan also entails wiping out the debts held by TPG and Sixth Street, according to <em>The Wall Street Journal<\/em>.<\/p>\n<p>Fortress Investment Group, the company&#8217;s largest debtholder, is expected to take over management control. The hedge fund is said to have a role for Vice co-founder Shane Smith, who will most likely play a part in the company&#8217;s future direction.<\/p>\n<p>Earlier this week, reports indicated that Vice was planning to file for bankruptcy in the coming weeks. This move follows the recent closure of Vice World News, a global reporting initiative, which many saw as a departure from the company&#8217;s roots in gonzo journalism.<\/p>\n<h3>Join and Support Independent Free Thinkers!<\/h3>\n<p>Are you tired of cancel culture, corporate wokeism, and political correctness? Support The Post Millennial, an <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/george-soros-and-fortress-investment-group-to-acquire-bankrupt-vice-media\/\" title=\"Soros and Fortress to buy bankrupt VICE Media.\">independent news source dedicated<\/a> to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/china-kills-hong-kong-pro-democracy-newspaper\/\" title=\"China Kills Hong Kong Pro-Democracy Newspaper\">fact-based journalism<\/a> and thoughtful analysis. Join us today for as little as $1 and help us defend freedom of the press at a time when it&#8217;s under direct attack.<\/p>\n<ul>\n<li>Join the ranks of independent, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/is-america-doomed-alarming-polls-of-pro-socialism-pro-violence-gen-z-say-so\/\" title=\"Is America Doomed? Alarming Polls of Pro-Socialism, Pro-Violence Gen Z Say So\">free thinkers<\/a> by supporting us today<\/li>\n<li>Remind me next month<\/li>\n<\/ul>\n<p>To find out what personal data we collect and how we use it, please visit our <strong>Privacy Policy<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Roberto Wakerell-Cruz Montreal QC May 5, 2023 1 minute read ADVERTISEMENT 0:00 \/ 0:00Loading Vice Media, once valued at $5.7 billion, embraced woke ideology and will now be bought out of bankruptcy by Fortress Investment Group and Soros Fund Management for $400 million.\u00a0 According to insiders, this acquisition deal would eliminate all stockholders, including TPG<\/p>\n","protected":false},"author":1,"featured_media":1925567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[15816,13880,4188,7407,5259],"class_list":["post-1925566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-bankrupt","tag-fortress","tag-media","tag-soros","tag-vice"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1925566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1925566"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1925566\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1925567"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1925566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1925566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1925566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}