Weinstein Co enters into agreement with Colony Capital to provide capital

Owner Bob Weinstein denied the company was seeking to sell or shut down the company

Harvey Weinstein
Producer Harvey Weinstein speaks at the ceremony for the unveiling of the star for Italian composer Ennio Morricone on the Hollywood Walk of Fame in Hollywood. Photo: Reuters
Reuters
Last Updated : Oct 16 2017 | 8:27 PM IST

The Weinstein Company has entered talks for a sale of the bulk of its assets to private equity firm Colony Capital, the two companies said in a statement on Monday. 

The Weinstein Company's co-chairman, Bob Weinstein, over the weekend denied the company was seeking to sell or shut down the company after his partner Harvey Weinstein was fired following reports of sexual harassment allegations.

 

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First Published: Oct 16 2017 | 8:27 PM IST

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