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Judge Sets May Deadline For Bids On Bankrupt Village Roadshow
A judge set a May deadline for bidders looking to make a run at Village Roadshow, the bankrupt film producer and financier behind 'Joker' and 'The Matrix.'
The JokerWarner Bros. Pictures A Delaware bankruptcy court judge today set a May 16 deadline for bidders interested in making a run at Village Roadshow, and a May 20 auction date if more than one party shows up. Alcon topped an earlier $353 million stalking horse bid from Content Partners when the producer and financier of a string of big film titles filed for bankruptcy a month ago. The stalking horse sets a floor for others and, in this case increases “the likelihood that, given the circumstances, the best possible price for the Library Assets will be received,” the judge wrote in a filing approving the sale process.
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