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$500M Weinstein Co. Sale Revived After Threat Of Bankruptcy

Law360 (March 1, 2018, 9:25 PM EST) -- A group of investors led by Maria Contreras-Sweet announced Thursday that it has worked out a $500 million deal to purchase the Weinstein Co. and relaunch the embattled film studio with a female-majority board, just days after the company said talks had broken down and it would have to file for bankruptcy.

Contreras-Sweet, the former head of the Small Business Administration during the Obama administration, announced Thursday evening that her investment team is back on track to purchase the Weinstein Co., possibly helping the scandal-ridden production...
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