Sales The Weinstein Company is not going through
World
March 6, 2018 21:54
- The sale of parts of the problematic film production company The Weinstein Company is not going to happen anyway. An investment group headed by Maria Contreras-Sweet has canceled the sale, which was announced on Friday. With the agreement an amount of some 500 million dollars would be involved.
Contreras-Sweet claims to have encountered 'disappointing information' in the book research. As a result, the feasibility of the deal would have come to a standstill and the investors decided to withdraw.
Contreras-Sweet, who was head of a government agency for the support of SMEs during the presidency of Obama, had made promises in the field of jobs, among other things. In addition, the majority of the board would consist of women. A fund was also announced for victims of sexual abuse.
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