Weinstein Co., Mired in Sex Scandal, May Be Up for Sale

Weinstein Co., Mired in Sex Scandal, May Be Up for Sale
Film producer Harvey Weinstein attends the 2016 amfAR New York Gala at Cipriani Wall Street in Manhattan, New York on Feb. 10, 2016. Reuters/Andrew Kelly
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The Weinstein Company has entered talks to sell the bulk of its assets to private equity firm Colony Capital, the companies said on Monday.

The announcement about the deal talks comes only days after co-Chairman Bob Weinstein, Harvey’s brother and the other co-founder, denied the firm was seeking to sell or shut down after firing Harvey Weinstein following accusations that he sexually harassed or assaulted a number of women over the past three decades.