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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