Times Colonist

Judge approves revised Weinstein Co. bankruptcy sale plan

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WILMINGTON, Delaware — A Delaware judge has approved a revised plan for the sale of the Weinstein Co., the studio forced into bankruptcy by the sexual misconduct scandal that brought down Hollywood mogul Harvey Weinstein.

The plan approved Wednesday calls for private equity firm Lantern Capital to pay $289 million for the Weinstein Co.’s assets.

Lantern initially agreed to pay $310 million, but a dispute later arose over who would be responsibl­e for making payments, potentiall­y worth tens of millions of dollars, owed on certain contracts that might be assigned to Lantern.

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