Digital-news outfit Vice Media is eyeing a $3 billion SPAC merger - half its worth 4 years ago, report says

Vice Media is seeking a $3 billion valuation via a blank-check company merger, WSJ reported. The digital-news firm's existing investors would own 75% of the company under the proposal. Ex-Morgan Stanley exec Jack Leeney's SPAC and other new investors would own the other 25%. Sign up here for our daily...