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According to the New York Times, Vice, the digital-media company that earned investments by Disney and Fox prior to a crash-landing, is preparing to file for bankruptcy, according to two people with knowledge of its operations.

Questions:

  1. How many companies have expressed an interest in buying Vice?
  2. How much was Vice worth in 2017 after a round of funding from private-equity firm TPG?
  3. Who is the senior debt holder of Vice and what does that mean?
  4. What were Vice’s beginnings?

Source:

Hirsch, L. and B. Mullin. (2023). Vice Is Said to Be Headed for Bankruptcy. The New York Times, May 1 (Retrievable online at https://www.nytimes.com/2023/05/01/business/media/vice-bankruptcy.html).