Fortress Investment Group to Acquire Vice Media for $350 Million

VICE, the parent company of Dark Side of the Ring network VICE TV, will be sold for $350 million to a group led by The Fortress Investment Group, Soros Fund Management and Monroe Capital. The purchase includes all of Vice’s assets and some of the liabilities. The company filed for Chapter 11 bankruptcy last month and owed $474,600,000 to the group. A&E, which airs WWE content and has a stake in Vice, was listed as being owed $937,000 in the filing.