The Weinstein Company Might Close A Deal Soon

the Weinstein Company is finally close to closing a deal After struggling financially for months.

However, The sale is set for far less than was hoped for and won’t come close to covering the company’s debt.

The highest bid is just under $5oo million, which will only absorb around half the Weinstein Company’s debt.

The company has been careful to point out that they will receive no profit from the sale, especially due to Harvey Weinstein’s legal battles..