Crisis Communications Media monitoring firm VMS goes out of business, 200 employees laid off The company filed for Chapter 7 liquidation today after ‘exhaustively evaluating many different options and with sadness for our loyal staff and customers.’ By Michael SebastianAug. 26, 2011 SHARE Ragan Insider Premium Content “The decision has been made after exhaustively evaluating many different options and with sadness for our loyal staff and customers,” according to a statement on the VMS website. To read the full story, log in. Become a Ragan Insider member to read this article and all other archived content. Sign up today Already a member? Log in here. Learn more about Ragan Insider.