01-05-2018 21:59 via feeds.bizjournals.com

Lantern Capital wins Weinstein Co. auction, easily beating one other bid

Meetings with the bankruptcy court handling the The Weinstein Co. sale are being held today, paving the way for a stalking horse bidder to officially take over the distressed movie studio.Dallas-based Lantern Capital won the bankruptcy auction yesterday, which is when bids were due.The firm's $435 million offer far exceeded the only other bid, which was made by Sonar Entertainment, according to Deadline. Lionsgate and Miramax, which were co-founded by brothers Harvey and Bob Weinstein&
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