Ron Burkle may ride to Ryan Kavanaugh’s rescue in a bid for Relativity Media

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.

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

Read more about: bankrupt company, Business/Finance, Entertainment/Culture, Relativity Media, Relativity Media LLC, Ron Burkle, Ryan Kavanaugh, television