Monday 16 October 2017

Weinstein Co enters into agreement with Colony Capital to provide capital

Harvey Weinstein

The Weinstein Company has entered talks for a sale of the bulk of its assets to private equity firm Colony Capital, the two companies said in a statement on Monday.

The Weinstein Company's co-chairman, Bob Weinstein, over the weekend denied the company was seeking to sell or shut down the company after his partner Harvey Weinstein was fired following reports of sexual harassment allegations.
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