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Vice Media Sells Stake to A&E Networks

Vice Media has agreed to sell a 10 percent stake to A&E Networks. The $250 million investment values the company at $2.5 billion.The news was first reported in the Financial Times, and a Vice spokesperson confirmed both the deal and the valuation. http://techcrunch.com/2014/08/29/vice-media-confirms-that-its-selling-a-stake-to-ae-networks-at-a-2-5b-valuation/ #tech

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