Got A Tip?

Star Seeker

Biz & Money

Weinsteins Get Their Debt Wiped!

Weinsteins Get Their Debt Wiped!

wenn5481918w.jpg
Well good for them!
The Weinstein Company has reached a full restructuring agreement in which insurance company Ambac will pay off $115 million of their debt to Goldman Sachs and Assured Guaranty.
They had to give up 200 of their 350 films to do so, but at least the debt is gone!
Just like that!
[Image via WENN.]

CLICK HERE TO COMMENT
Jun 24, 2010 19:22pm PDT

Share This