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Vice Media Is Prepping for Bankruptcy Filing, Seeks Buyer, Says New York Times

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thewrap.com

New York Times.Citing two people with knowledge of the company’s operations, the Times said a bankruptcy filing could arrive in the coming weeks, but that Vice is still hoping a buyer will swoop in to avert it.

Vice did not immediately respond to messages seeking comment Monday.Five companies have expressed interest, according to the Times, which added that the chances of a sale are growing dim.More to come ….

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