All articles tagged with #bankruptcy sale
Originally Published 6 months ago — by Politico
California Attorney General Rob Bonta claims that 23andMe's recent bankruptcy sale of genetic data to TTAM Research Institute does not comply with state privacy laws, specifically the Genetic Information Privacy Act, and is considering further legal action despite court approval of the sale.
Originally Published 2 years ago — by Hollywood Reporter
Fortress Investment Group, an existing lender of Vice Media, has been designated the winning bidder in the bankruptcy sale of the media company, after pledging $225 million. The sale is expected to be completed by July 7, pending court approval. Vice did not receive any other qualified bids before the deadline. The media company filed for Chapter 11 bankruptcy in May 2023, and has faced tough times in the advertising environment, leading to layoffs and the closure of its flagship TV news show.