Movies. The Dallas-based private equity firm Lantern Capital is dragging out its negotiation around the stricken Weinstein & Co amid reports that it has dropped its offer price from $310m to $287m, plus debt. This may endanger what, just one month ago, had looked a done deal. A bankruptcy judge must still approve the price change, which is strongly opposed by Weinstein Co. creditors (of course).. Lantern has become alarmed by disputed payments of millions of dollars allegedly owed to various A-list actors and directors. For instance, Robert De Niro claims he is still owed almost $1m for his work on “Silver Linings Playbook.” Could the list of stars and their IOUs yet be the basis for a Weinstein blockbuster?
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Lantern drops price for Weinstein Co
