Sale of Weinstein Co. Wins Court OK

The sale of The Weinstein Co., which was forced into bankruptcy by the sexual misconduct scandal surrounding movie mogul Harvey Weinstein, received approval today from a Delaware judge, the AP reports.

“The revised plan calls for Dallas-based private equity firm Lantern Capital to pay $289 million for the Weinstein Co.’s assets, down from an initial sale price of $310 million,” the story reports. “Attorneys negotiated the $21 million price reduction after disputes threatened to...

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