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Vice Media restarts sale process at lower valuation, may fetch less than $1 billion

Por: CNBC Business January 20, 2023

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Vice Media offices display the Vice logo in Venice, California.Mario Tama Getty ImagesVice Media is restarting its sale process after earlier interested bidders balked at the initial price tag, according to people familiar with the situation.The digital media company, which was valued at $5.7 billion in 2017, is now likely to fetch a price of below $1 billion, the people said. Initially, Vice was looking for a valuation between $1 billion and... + full article



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