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George Soros-tied fund Fortress buys bankrupt Vice Media for $350M

Bankrupt media company Vice Media — once worth nearly $6 billion — has been sold to a consortium of former lenders that include a fund linked to George Soros for $350 million.

Vice, which was co-founded by the larger-than-life media exec Shane Smith, filed for Chapter 11 bankruptcy protection in May after months of struggling to pay its bills.

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