Vice Media Goes BANKRUPT and Will Sell for DIRT CHEAP!
3,249Vice Media is officially filing for bankruptcy and will sell to its debtors for a little over $200 million... a FRACTION of its supposed valuation. And what's worse is the company only stayed afloat as long as it did by borrowing more and more money... effectively paying credit cards with other credit cards, and maxing them all out. OOF.
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