Vice Media said it has raised $250 million in debt from a group of investors including George Soros, a move intended to help the struggling new media company fund its turnaround strategy. The consortium was led by 23 Capital and includes Soros Fund Management LLC, Mr. Soros’s investment fund, as well as Fortress Investment Group LLC and Monroe Capital, according to people familiar with the matter.

Source: Wall Street Journal May 03, 2019 22:55 UTC