The Weinstein Co. has a potential financial white knight emerging, a surprise bidder who may keep the studio in business and create a new leadership that will feature a majority of women.

Maria Contreras-Sweet, a former head of the Small Business Administration under President Barack Obama, has submitted the first reported bid, according to the Wall Street Journal. The news service obtained a letter to the board of directors of the Weinstein Co.

More information: http://deadline.com/2017/11/weinstein-co-sale-maria-contreras-sweet-1202212028/