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Tuesday, May 1, 2018

Lantern Capital Circling Weinstein Company


Private equity firm Lantern Capital is nearing a deal to acquire the Weinstein Company. Sources say Lantern will buy Weinstein for $310 million. The Weinstein Company filed for bankruptcy in March with the offer from Lantern Capital. The deal is subject to approval by a U.S. bankruptcy judge. The Weinstein Company has been under fire since revelations of sexual misconduct by founder Harvey Weinstein. Lantern will acquire Weinstein’s prized asset, its library of 277 feature films. https://ift.tt/2jkDXE8 http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com

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