Weinstein Co. Purchase Offer Deemed Unacceptable by New York AG
- New lawsuit may create obstacle to $500 million sale of studio
- Schneiderman seeks to ensure that victims will be compensated
Harvey Weinstein
Photographer: Frederick M. Brown/Getty Images
This article is for subscribers only.
New York Attorney General Eric Schneiderman said an offer to buy Harvey Weinstein’s film and TV company isn’t acceptable in its current form and he wants Harvey’s brother Robert off the board.
Schneiderman sued Harvey Weinstein and his company, adding to the embattled movie producer’s legal troubles and dealing a major setback to efforts to find a buyer for the Weinstein Co. and avert its bankruptcy. More than 100 jobs are at stake, one person familiar with the deal said.