The embattled independent film studio, co-founded by Harvey Weinstein, has six potential buyers, Bloomberg reports, citing the WSJ‘s coverage. Potential buyers include Lions Gate Entertainment Corp., a group run by former Small Business Administration chief Maria Contreras-Sweet, Killer Content, and investment firms Vine Alternative Investments and Shamrock Capital Investments.
Owners would receive no cash from the deal due to legal bills and operating expenses. Shareholders could also lose all of their equity, according to the WSJ.
Weinstein ousted Mr. Weinstein last year after several women made allegations he harassed or assaulted them.
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