Weinstein Co will declare bankruptcy after sale collapses

Deccan Herald Harvey WeinsteinHarvey WeinsteinBarack ObamaBarack Obama
Monday, 26 February 2018 ()

Weinstein Co, the studio co-founded by Harvey Weinstein, will file for bankruptcy protection following the USD 500 million deal to sell the company collapsed, the companys board of directors said.

The decision came after the board was unable to revive a deal to sell the struggling studio to an investor group led by Maria...
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News video: The Weinstein Co. to File for Bankruptcy

â–¶ The Weinstein Co. to File for Bankruptcy 01:12

The Weinstein Co. broke off negotiations with investors who were leading a bid group interested in purchasing the company for about $500 million.

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