A former Obama administration official has made a $275 million bid to buy the embattled Weinstein Co. and replace the existing all-male board with a majority-female board, The Hollywood Reporter has confirmed.
Maria Contreras-Sweet, who ran the Small Business Administration under President Barack Obama from 2014-2017, has made the offer via a letter sent to the TWC board. She is backed by silent partners, many of them women, and top finance attorney Mickey Mayerson of Loeb & Loeb. Her offer was first reported by The Wall Street Journal.
Another person supporting Contreras-Smith is attorney Gloria Allred, who is representing several
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.