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Former Obama Official Wants to Buy The Weinstein Co., Install Majority-Female Board

3 hours ago

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 »


- Pamela McClintock

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