WILMINGTON Del – A Delaware judge has approved a

first_img WILMINGTON, Del. – A Delaware judge has approved a revised plan for the sale of the Weinstein Co., the studio forced into bankruptcy by the sexual misconduct scandal that brought down Hollywood mogul Harvey Weinstein.The plan approved Wednesday calls for private equity firm Lantern Capital to pay $289 million for the Weinstein Co.’s assets.Lantern initially agreed to pay $310 million, but a dispute later arose over who would responsible for making payments, potentially worth tens of millions of dollars, owed on certain contracts that may be assigned to Lantern.In return for Lantern paying certain claims and funding the past two weeks of the Weinstein Co.’s operating expenses, the sale price was reduced.The sale is expected to close Friday, but claims asserted by several Hollywood stars will be resolved later. Harvey Weinstein attends his arraignment in court, in New York, Monday, July 9, 2018. Weinstein, who was previously indicted on charges involving two women, was released on bail on Monday while fighting sex crime accusations that now include a third woman. (Jefferson Siegel/The Daily News via AP, Pool) by Randall Chase, The Associated Press Posted Jul 11, 2018 9:45 am PDT Last Updated Jul 11, 2018 at 10:00 am PDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Emailcenter_img Judge approves revised Weinstein Co. bankruptcy sale planlast_img

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