Owen Blicksilver PR is handling today’s news that Colony Capital agreed to pump a cash infusion into embattled The Weinstein Co. and to negotiate the acquisition of the entire company or key assets.
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The immediate investment will help stabilize TWC’s operations and “provide comfort to our critical distribution, production and talent partners around the world,” said board member Tarak Ben Ammar in a statement.
Colony is the private equity arm of Colony Northstar, which has $56B in assets under management.
It has worked with TWC through a joint venture established with Miramax to develop content from its library.
Tom Barrack, who founded Colony in 1991, is a key advisor to President Trump. He also helped stave off foreclosure of Michael Jackson’s Neverland Ranch.
Kristin Celauro, Blicksilver managing director, represents Colony in the deal.
Hut 8, energy infrastructure platform, has named NextEra Energy's Mark Eidelman head of IR and SVP of strategic finance.
Teneo handles easyJet as Minneapolis investment firm Castlelake mulls a possible takeover of the British budget airline.
Brunswick Group represents Universal Music Group as it rejects the unsolicited $65B takeover offer by billionaire Ed Ackman's Pershing Square Capital Management because it “fundamentally and materially undervalues” the world’s largest music company.
Prosek Partners brings on Danielle O’Brien as a managing director in its investor relations practice, based in the firm’s New York office.
Houston’s Dancie Perugini Ware PR represents Fertitta Entertainment as it takes Caesars Entertainment private in a $17.6B cash deal. 
