Vice Media Has Acquired Refinery29 for $400 Million USD

Vice Media has officially purchased lifestyle publisher Refinery29 in an effort to increase its global audience, to transition into a more gender-balanced company and to obtain a larger female audience. The deal is viewed as a win-win for both parties, as Refinery29's finances have reportedly been rocky over the past year or so and, according to Business Insider, Vice has received flack for an alleged hostile workplace culture towards women. The acquisition is valued at $400 million USD, most of...