The Weinstein Co. board of directors met on Friday to consider bids for the struggling film and television studio, the Los Angeles Times reported. Bids came due last week, and the board members are expected to make a decision quickly as the company struggles to stay afloat amid the swirling sexual assault allegations against co-founder Harvey Weinstein. The board, which includes Lance Maerov and Tarak Ben Ammar, must choose a bidder for continued negotiations. The directors are likely to come to a decision about how to proceed during the weekend, if not before, the source said. Board members are said to be considering five or six serious offers for all or part of the company. Interest has been limited, given the heavy legal liabilities that would come with any deal. Multiple women have sued Weinstein Co. over the alleged conduct of its co-founder. Weinstein was fired by the board in October shortly after sexual harassment allegations against him were first reported.
