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Stock impact report

Weinstein Co. to file for bankruptcy after $500-million deal collapses [Financial Post (Toronto, Ontario, Canada)]

Wynn Resorts, Limited (WYNN) 
Last wynn resorts, limited earnings: 2/6 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: wynnresorts.com
Company Research Source: Financial Post
Weinstein Co. to file for bankruptcy after $500-million deal collapses The demise of the 13-year-old studio follows accusations by dozens of actresses of decades of sexual misconduct at the hands of Harvey Weinstein The global #MeToo movement that Harvey Weinstein unwittingly kicked off is now claiming the company he founded, the Weinstein Co. The Los Angeles-based film studio will file for bankruptcy after failing to secure funding from investors, according to a copy of a letter provided by the company on Sunday. The demise of the 13-year-old studio follows accusations by dozens of actresses of decades of sexual misconduct at the hands of Weinstein, setting off a movement that saw a string of similar revelations of bad behavior by prominent men. Weinstein Co. blamed a group of investors led by Maria Contreras-Sweet, who ran the Small Business Administration from 2014 to 2017, for the collapse of a US$500-million bid backed by billionaire Ron Burkle. “While we deeply regret that your Show less Read more
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