Judge OKs Revised Weinstein Bankruptcy Sale Plan

WILMINGTON, Del. (AP) — A Delaware judge has approved a revised plan for the sale of the Weinstein Co., the studio forced into bankruptcy by the sexual misconduct scandal that brought down Hollywood mogul Harvey Weinstein. The plan approved Wednesday calls for private equity firm Lantern Capital to pay $289 million for the Weinstein Co.’s […]

Weinstein Co. Auction Pushed To May 4

The bankruptcy auction for the sale of The Weinstein Co. has been moved to May 4 from an original date of May 2, and creditors want stalking horse bidder Lantern Capital to explain how it values separate pieces of the company’s assets in its $425 million bid.

Weinstein Co. Files For Bankruptcy

The scandal-ridden Weinstein Co. said Monday it has  filed for bankruptcy protection and entered into a “stalking horse” agreement with an affiliate of Dallas-based Lantern Capital Partners, meaning the equity firm has agreed to buy the company, subject to approval by the U.S. Bankruptcy Court in Delaware.