From: Obveeus <Obveeus@aol.com>
Subject: Re: Weinstein Company sold
Full headers:
Path: news.netfront.net!goblin1!goblin2!goblin.stu.neva.ru!aioe.org!eternal-september.org!feeder.eternal-september.org!reader02.eternal-september.org!.POSTED!not-for-mail
From: Obveeus <Obveeus@aol.com>
Newsgroups: rec.arts.movies.current-films,rec.arts.tv
Subject: Re: Weinstein Company sold
Date: Wed, 7 Mar 2018 11:59:54 -0500
Organization: A noiseless patient Spider
Lines: 19
Message-ID: <p7p5q8$hmq$1@dont-email.me>
References: <p7bkmi$b3c$1@dont-email.me>
Mime-Version: 1.0
Content-Type: text/plain; charset=utf-8; format=flowed
Content-Transfer-Encoding: 7bit
Injection-Date: Wed, 7 Mar 2018 16:59:52 -0000 (UTC)
Injection-Info: reader02.eternal-september.org; posting-host="1805740d57e1a72cc308d4185ec39a08";
logging-data="18138"; mail-complaints-to="abuse@eternal-september.org";posting-account="U2FsdGVkX1/w/wDRbZgs7fDVXqlAyPPs"
User-Agent: Mozilla/5.0 (Windows NT 10.0; WOW64; rv:52.0) Gecko/20100101
Thunderbird/52.6.0
In-Reply-To: <p7bkmi$b3c$1@dont-email.me>
Content-Language: en-US
Cancel-Lock: sha1:ADsb2qgrncuKSygaNclPwLRvLAU=
Print Article
Forward Article
On 3/2/2018 8:48 AM, Obveeus wrote:
> The Weinstein company has a sale agreement in place for the company.
> 
>
https://www.usatoday.com/story/life/movies/2018/03/01/weinstein-comp... 

....and now, just a week later, the sale falls through because the debt 
load was significantly higher than expected:

http://variety.com/2018/biz/news/weinstein-co-deal-collapses-ron-bu...

QUOTE:
That brings the debt level to nearly $290 million, according to two 
individuals familiar with the deal.

Burkle and Contreras-Sweet had been told by the Weinstein Co. that their 
debt levels were in the $225 million range.
:UNQUOTE