The publisher behind media websites such as Vice and Motherboard is preparing to file for bankruptcy.
Vice Media Group has engaged in discussions with at least five companies in an attempt to secure a rescue deal amid a deterioration in its finances, according to The New York Times. Heat Transfer factory China
Vice was valued at about $5.7 billion when it raised investment from TPG, a private equity firm, in 2017. But the group is looking for a buyer willing to pay about $1 billion for its portfolio of media brands.
layer htv vinyl on shirt In a statement, the company said: “Vice Media Group has been engaged in a comprehensive evaluation of strategic alternatives and planning. The company, its board and stakeholders continue to be focused on finding the best path for the