Supermarket magnate Ron Burkle may have joined Ryan Kavanaugh’s last-minute bid for Relativity Media’s film assets.
But even that probably won’t keep Kavanaugh in charge of the bankrupt company he founded, said a prominent Los Angeles investment banker who knows Burkle and has been following the case.
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Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
Read the full story at LA times, by Ryan Faughnder
READ MORE:
- Ryan Kavanaugh’s New Investment Group Bid For Relativity Still Faces Many Hurdles, Variety
- Ryan Kavanaugh in Negotiations to Take Back Most of Bankrupt Relativity, Hollywood Reporter
- Relativity Media CEO working on deal to buy studio, New York Post
- Kavanaugh Plots Relativity Comeback, Los Angeles Business Journal
