26-02-2018 07:19 via ocregister.com

Weinstein Co. to file for bankruptcy after deal talks collapse

By BROOKS BARNESThe New York Times
LOS ANGELES — The Weinstein Co. said in a statement late Sunday that it would file for bankruptcy after the collapse of sale talks with an investor group led by Maria Contreras-Sweet, who ran the Small Business Administration under President Barack Obama.
TX Body: “While we recognize that this is an extremely unfortunate outcome for our employees, our creditors and any victims, the board has no choice,” the statement said. The beleaguered film
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