Los Angeles Times

Bankruptcy judge approves $21 million price cut in Weinstein Co. sale, expected to close Friday

A bankruptcy court judge has approved a $21-million price cut in the sale of the Weinstein Co., the studio devastated by a raft of sexual harassment and assault allegations against its co-founder Harvey Weinstein.

Delaware bankruptcy judge Christopher Sontchi, at a Wednesday hearing, signed off on the company's new agreement to sell its assets to the Dallas-based private equity firm Lantern Capital Partners for $289 million.

The move gives the companies the green

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