Netflix has joined the crowd of companies that do business with Relativity Media, and reserves the right to object to a sale to escape Chapter 11 bankruptcy protection. A group of creditors referred to as Stalking Horse bidders have offered $250 million in the auction, with bids due tomorrow.
The problem with these bidders is that there’s “no information on who will run the day-to-day operations or their qualifications, no indication that the buyer has any meaningful…![]()
