Private Equity
A close friend of President Trump's may be having second thoughts about buying the crippled Weinstein Co.: Tom Barrack, head of the private equity firm Colony Capital, has been in talks to purchase all or part of the firm after co-founder Harvey Weinstein was accused of sexual assault and rape. But comments by the investor on Wednesday suggest that a deal for the TV and film studio may be difficult to pull off. "The creative product is something that we all looked at and thought was salvageable," Barrack told CNNMoney's John Defterios at an investor conference in Saudi Arabia.

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