The Weinstein Company to file for bankruptcy
The firm had been seeking a deal to spare it from bankruptcy after more than 70 women accused film producer Harvey Weinstein, its ex-chairman and once one of Hollywood’s most influential men, of sexual misconduct including rape. “The Weinstein Company has been engaged in an active sale process in the hopes of preserving assets and jobs,” the board said in a statement reported by newspapers including the San Francisco Chronicle and the Los Angeles Times. There was no immediate confirmation of the plan on the company’s website or Twitter feed.
Source:: https://finance.yahoo.com/news/weinstein-company-file-bankruptcy-072633263–finance.html
