The Weinstein Co. will declare bankruptcy?

1 March, 2018

“We have received disappointing information about the viability of completing this transaction,” Contreras-Sweet said in a statement Tuesday, March 6. “As a result, we have decided to terminate this transaction.”

 

 

The Weinstein Co. announced Sunday February 25 that it will declare bankruptcy after a $500 million deal with Ron Burkle’s Yucaipa Companies etc. to sell the company collapsed.

[ February 17  David Glasser fired by TWC ]

 

“The board of The Weinstein Company has unanimously voted to terminate David Glasser for cause,” a TWC statement said.

david-glasser-weinstein-company-logo-2-shot

David Glasser

 

The New York AG’s office in recent days has been in “intense conversations” with Ron Burkle’s Yucaipa Companies, which is backing the purchase.

“Burkle tried to be in the background, with Contreras-Sweet the front person, even though she has no Hollywood experience.   But in reality, they are setting it up so one of Harvey’s enablers, one of the people who failed to hold Harvey accountable, would be the CEO of the new company, He is the exact wrong person to be taking control of this company.

[November 8 2010 Weinstein Co. is hiring Bladimiar A. Norman ]

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Michelle Williams & Harvey Weinstein

The Weinstein Co. is hiring Bladimiar A. Norman as vice president marketing for TWC and Dimension pictures, reporting to David Glasser and the brothers.

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