Group of Investors led by Former Obama Official Buys The Weinstein Company
- 6 years ago
Group of Investors led by Former Obama Official Buys The Weinstein Company Maria Contreras-Sweet, who ran the Small Business Administration under
President Obama, led the group who bought out The Weinstein Company, New York Attorney General Eric Schneiderman said. New York Attorney General Eric Schneiderman New York Attorney General Eric Schneiderman According to Variety, the group bought the company for $500 million, including the $225 million in debt that the company racked up. Part of the deal includes a $80 million fund the will be created for victims of Harvey Weinstein. On Monday, The Weinstein Company announced that it would be filing for bankruptcy.
President Obama, led the group who bought out The Weinstein Company, New York Attorney General Eric Schneiderman said. New York Attorney General Eric Schneiderman New York Attorney General Eric Schneiderman According to Variety, the group bought the company for $500 million, including the $225 million in debt that the company racked up. Part of the deal includes a $80 million fund the will be created for victims of Harvey Weinstein. On Monday, The Weinstein Company announced that it would be filing for bankruptcy.