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Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared UPDATE 2-'South Park' airs 'censored' episode after threat 1:23am EDT Obama backers show signs of disappointment 21 Apr 2010 Goldman CEO attacks SEC fraud charges: report 21 Apr 2010 UPDATE 1-US Congress may push immigration over climate bill 21 Apr 2010 North Korea torpedoed South's navy ship: report 1:35am EDT Tim Urban out as "Idol" raises millions for charity 21 Apr 2010 With Goldman charged, rivals smell blood 20 Apr 2010 "Glee's" Madonna album eyes No. 1 on U.S. chart 21 Apr 2010 Obama to urge tougher rules for Wall Street 1:12am EDT New $100 note aims to deter counterfeiters 21 Apr 2010 UPDATE 2-'South Park' airs 'censored' episode after threat 1:23am EDT UPDATE 1-US Congress may push immigration over climate bill 21 Apr 2010 Obama to urge tougher rules for Wall Street 1:12am EDT Fast-growing Facebook aims for more social Web 21 Apr 2010 Diabetes drug tied to reduced breast cancer risk 21 Apr 2010 With Goldman charged, rivals smell blood 20 Apr 2010 "South Park" airs censored episode after threat 1:30am EDT Obama backers show signs of disappointment 21 Apr 2010 Lisa Ray -- cancer-free and ready to re-embrace India 21 Apr 2010 North Korea torpedoed South's navy ship: report 1:35am EDT Goldman Sachs Goldman rivals smell blood Within days -- perhaps even hours -- of news that Goldman Sachs was facing fraud charges from U.S. regulators, rivals seized on a chance to elbow in front of Wall Street's most profitable bank. Full Article Time to tear down the wall? Paulson reassures on Goldman role Wall Street a target in congressional elections Weinsteins, Burkle continue exclusive talks with Disney Sue Zeidler LOS ANGELES Wed Apr 21, 2010 10:01pm EDT Related News Weinsteins, Burkle in exclusive Miramax talks: sources Sat, Apr 17 2010 UPDATE 1-Weinsteins, Burkle in exclusive Miramax talks-sources Fri, Apr 16 2010 Weinsteins, Burkle in exclusive Miramax talks: sources Fri, Apr 16 2010 Weinsteins, Burkle in exclusive Miramax talks: sources Fri, Apr 16 2010 Weinstein brothers to take back Miramax Thu, Apr 15 2010 Film producer and Miramax Films co-founder Harvey Weinstein arrives with his with wife, Georgina Chapman, at the 82nd Academy Awards in Hollywood, March 7, 2010. Credit: Reuters/Brian Snyder LOS ANGELES (Reuters) - Film moguls Bob and Harvey Weinstein and backer billionaire Ron Burkle continued talks for the purchase of Walt Disney Co's Miramax Films on Wednesday and a deal could be reached within days, said one source familiar with the discussions. Entertainment | Deals | Film The source said a deal was expected within the next "24 to 48 hours." Three other sources with knowledge of the Miramax talks said on Wednesday that an exclusive negotiating window between Disney and the team comprising the Weinsteins and financial backer Burkle's Yucaipa Cos had been extended beyond its original five day timeframe. A dispute between Weinstein Co shareholder Mark Cuban and the Weinsteins also came to light on Wednesday, but a source familiar with the situation said Cuban's issues would not interfere with the proposed acquisition. Cuban was not available for comment. Earlier on Wednesday Bloomberg reported that Cuban may try to stop the Weinsteins from participating in a buyout of Miramax. The Weinstein board issued a statement late on Wednesday. "On behalf of the Weinstein Co and the board of directors I am going on record to say that we couldn't be more excited about the possibility of The Weinstein Co being in business with Ron Burkle, Fortress and the possibility of an acquisition of Miramax," said Richard Koenigsberg, board member of the Weinstein Co in a statement. "While no Miramax deal has been completed, we give our full support to Bob and Harvey in their efforts on behalf of the Weinstein Company in relation to Miramax," he said. The dispute with Cuban -- a minority shareholder in privately-held Weinstein Co, and part of group that invested about $1.2 billion in the company -- involves the 2009 release "The Road," said Weinstein Co spokeswoman Dani Weinstein. Cuban had wanted the film, that was produced for $25 million and took in $23.9 million in worldwide ticket sales, to have wider distribution, she said. Koenigsberg in his statement said Cuban is a shareholder and admired greatly, but that the dispute was limited to the amount of theaters the movie played. "He is not on the board and it is our understanding that the issue he spoke to the press about is regarding the distribution of a movie he produced called 'The Road'," Koenigsberg said. Disney initially sought more than $700 million for the shuttered studio with a library of more than 600 films, including "Pulp Fiction," and the exclusive negotiating window has other competing bidders on the sidelines. "They haven't come to terms yet but they are still in this exclusive period," said film executive David Bergstein who is advising construction magnate Ron Tutor and other investors on a competing $650 million bid. Financiers Alec and Tom Gores are behind another offer and are being advised by their brother, Sam Gores, who heads the Paradigm Talent Agency. The Gores offered $550 million, but a source said this week that they increased that bid, although it was unclear by how much. Bob and Harvey Weinstein founded Miramax in 1979 and sold it to Disney in 1993 for $80 million. The pair continued to run the company until they left in 2005 to form The Weinstein Co. Sounces have said that if the sale is completed, Yucaipa would own Miramax and the Weinsteins would manage it. (Reporting by Sue Zeidler; editing by Carol Bishopric) Entertainment Deals Film Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. More from Reuters U.S. IPOs struggle to find the right price NEW YORK (Reuters) - Investors proved price-sensitive on Wednesday as six initial public offerings priced at the bottom of the expected range or below it, according to underwriters. Weinsteins, Burkle continue exclusive talks with Disney Swiss prohibit Orange from buying Sunrise Visa seeks online growth with CyberSource Simon gives General Growth revised offer Exclusive: Simon gives General Growth revised recap offer » More Top News China smells Goldman blood The cutthroat banking world knows to pounce when a competitor is in a PR mess. China in particular is well aware of how it can capitalize on Goldman's woes. Full Article Goldman Asia clients are loyal for now How bad could this get for Goldman? Paulson reassures on Goldman role Goldman Sachs David Schlesinger: What I want from the Pentagon The harrowing video of the death of two Reuters journalists in Iraq gave the world a peek at tragedy. The Pentagon can help ensure it doesn't happen again, writes Reuters Editor-in-Chief David Schlesinger in The Guardian. Full Article Reuters Editors © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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