Vice Media has secured more than $30 million in debt financing from Fortress Investment Group as the new-media company faces a financial crunch
Vice Media has secured more than $30 million in debt financing from Fortress Investment Group, according to a person familiar with the matter, as the new-media company facesVice, which is trying to sell itself, owes millions of
dollars to vendors and advisers, some of whom haven’t been paid for more than six months, according to people familiar with the matter. Some vendors have resorted to collections agencies to retrieve payments, some of the people said.
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