Home » General World News » A media analyst says The Weinstein Company won’t fare well in an auction: ‘People have looked at it and it’s more trouble than it’s worth’

A media analyst says The Weinstein Company won’t fare well in an auction: ‘People have looked at it and it’s more trouble than it’s worth’





harvey weinstein

  • The Weinstein Company filed for bankruptcy on Monday evening.
  • A stalking horse bid for the company has been made by private equity firm Lantern Capital.
  • The hope is that the bid will lead to better offers, but media analyst Hal Vogel told Business Insider that TWC is “more trouble than it’s worth.”

On Monday, The Weinstein Company filed for bankruptcy and the Dallas-based private equity firm Lantern Capital has made a stalking horse bid for the company.

The hope is that the bid by Lantern Capital will lead to better offers for the movie and TV indie studio in a bankruptcy court-supervised read more >>>

Source:: BusinessInsider.Com

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