October 16, 2017
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Los Angeles-based Colony Capital Inc. and Chicago-based Equity Group Investments Inc. announced Sept. 10 a joint venture to provide capital and asset management to the oil and gas industry.
Cash infusion precedes possible equity deal for beleaguered firm
The Weinstein Co. is in talks to sell part or all of its assets to Colony Capital and said Colony had agreed to make an immediate cash infusion in the production company.