Dozens of women, including prominent actresses, have accused Harvey Weinstein of sexual assault, harassment, groping and other misconduct. Contreras-Sweet's statement said there was a "potential deal," and it was unclear if major sticking points remained. The person said the deal includes financing for the Weinstein Co. to meet payroll, rent and other financial obligations while the sale is being finalized. The buyers would pay $220 million US for most of the Weinstein Co. assets and assume about $225 million of the studio's debt. The company said it had no choice but to file for bankruptcy protection — only to quietly return to talks days later.

Source: CBC News March 02, 2018 00:26 UTC