Relativity Lenders Court New Investors to Take Control

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D-Day is nearing for Ryan Kavanaugh and Relativity Media.

A number of investment and asset management firms, including TSSP, the credit platform of TPG, are evaluating the prospect of seizing control of Relativity if the company defaults on what is said to be $350 million in debt. Relativity founder and CEO Kavanaugh must come up with $150 million by the end of next week or risk losing control of the studio he founded in 2004.

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