MBA Leasing

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*RELATIVITY MEDIA* Founder Makes Deal For Film Studio Investors including Ryan Kavanaugh, Relativity Media LLC’s embattled founder and chief executive, have reached a deal to retake his bankrupt Hollywood studio, leaving the troubled company’s television unit in the hands of senior lenders, according to people familiar with the negotiations. Mr. Kavanaugh’ s investor group, which also includes supermarket mogul Ron Burkle, is getting Relativity’s film and music units and its ...stakes in its sports and education divisions, according to the people. The deal is signed, one of the people familiar with the matter said. The company intends to reorganize around its remaining holdings and hopes to emerge from bankruptcy by Oct. 20, the person said. Mr. Kavanaugh will retain his position as chairman and chief executive. A group of senior lenders has agreed to purchase Relativity Media LLC’s television studio out of bankruptcy for $125 million in debt forgiveness. See more

This is a great story from Washington Monthly about small business being left out of the recovery.