Exclusive: The bidding for the distressed assets of The Weinstein Company is over, sources said.
Lantern Capital’s $435 million stalking horse bid will win the day.
There was only one other bid — Sonar Entertainment bid for TV assets — and it wasn’t in the ballpark of Lantern’s offer to keep the company going.
To the surprise of everyone involved, numerous rival bids never materialized.
As a result, plans for a May 4 auction will be scrapped.
Instead, meetings with the…
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