The reported $400 million deal will buy out all but one of the outlet’s major stockholders Soros Fund Management, the principal asset manager of billionaire currency speculator George Soros’ Open Society Foundations, is poised to rescue floundering news outlet Vice Media from bankruptcy, the Wall Street Journal reported on Friday, citing people familiar with the deal. Alongside hedge fund Fortress Investment Group, Soros’ company is reportedly in talks to purchase Vice for $400 million in a deal that would wipe out the stakes of other investors, including private equity firm TPG Group and News Corp scion James Mu
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