The Weinstein Co. Board To Step Aside With Sale To Lantern Entertainment

Deadline -

Deadline—The Weinstein Co.’s board of directors announced that all but one of its members will step aside with the completion of the sale this week to Lantern Entertainment. The directors issued a statement this morning saying that after navigating the company through “the most difficult corporate circumstances” they will leave the process of winding down the asset in the hands of bankruptcy professionals. Weinstein Co. director Ivona Smith, a restructuring professional, was…

Weinstein Co. sale finalized, owners Lantern take over. A Dallas-based private equity firm said that they completed the purchase Monday of Harvey Weinstein's one-time production company.