NEW YORK: A former official in the Barack Obama administration said Thursday she had reached a deal to buy assets from Harvey Weinstein’s former company to launch a new firm after the Hollywood mogul’s downfall for alleged sexual misconduct.

Maria Contreras-Sweet said the deal had been reached with the New York state attorney general’s office, which last month sued The Weinstein Company fearing that its imminent sale could leave his alleged victims without adequate redress.

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