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.
 |
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.
BGR Group represents Noble Supply and Logistics as it files for Chapter 11 due to a change in its weapons support contract with the Defense Logistics Agency.
C Street Advisory Group is handling the Chapter 11 filing of LIV Golf following the move by Saudi Arabia’s Public Investment Fund to pull the financial plug on the League. (Updated)
Teneo handles Bamboo Insurance Services as the Midvale, UT-based marketer of homeowner policies files a Form S-1 statement with the SEC for an initial public offering.
FTI Consulting handles West Marine as the nation’s leading retailer of marine parts and accessories for boating, fishing and sailing enthusiasts emerges from Chapter 11 bankruptcy.
Throughline Global Advisors represents Principal Mineral as it acquires Conductive Group, manufacturer of advanced materials for the aerospace, telecommunications and electronics sectors.
