"The Weinstein Company on Tuesday named a Dallas private equity firm as the winning bidder in its bankruptcy sale, spurning an offer by the Broadway producer Howard Kagan. The victor - for now, at least, as a bankruptcy judge still has to sign off and the decision could be challenged by creditors - is Lantern Capital Partners. It entered the sale as the studio's prearranged bidder, or 'stalking horse,' which set a price floor. Lantern offered $310 million plus the assumption of about $115 million in debt."
Article source here:Arts Journal
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