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1. • • Dalian Wanda Group Co., Ltd. today announced the execution of a definitive Merger Agreement with Legendary Entertainment at a signing ceremony in Beijing. Wanda Group announced that it has acquired Legendary for no more than $3.5 billion (around RMB 23 billion) in cash, marking China’s largest cross-border cultural acquisition to date.
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     Wanda Acquires Legendary Entertainment for $3.5 Billion

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   Will Wanda buy legendary?

   • “The acquisition of Legendary will make Wanda the highest-revenue-generating film company in the world,” said Wanda chairman Wang Jianlin, one of China’s richest individuals. Under the deal, Wanda is acquiring 100 percent of the equity in Legendary and will then reincorporate the studio according to Chinese and U.S. tax structures.

   It’s Official: China’s Wanda Acquires Legendary Entertainment for $3.5

   www.hollywoodreporter.com/news/general-news/official-chinas-wanda-acquires-legendary-854827/

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   Who owns Legendary Entertainment?

   • (Photo: AP) In the largest China-Hollywood deal to date, conglomerate Dalian Wanda Group Co. has agreed to acquire production and finance company Legendary Entertainment for $3.5 billion in cash. Copyright © 2023 Dow Jones & Company, Inc.

   China’s Dalian Wanda Buys Legendary Entertainment for $3.5 Billion - W…

   www.wsj.com/articles/chinas-dalian-wanda-buys-legendary-entertainment-for-3-5-billion-1452567251

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   Is legendary East still a subsidiary after Wanda buyout?

   • Legendary East will remain a subsidiary after the Wanda buyout, and CFG is understood to be an ongoing partner. Now led by Peter Loehr, former head of CAA China, Legendary East’s next major project is Warcraft, an effects-heavy live-action adaptation of the wildly popular World of Warcraft video game series.

   It’s Official: China’s Wanda Acquires Legendary Entertainment for $3.5

   www.hollywoodreporter.com/news/general-news/official-chinas-wanda-acquires-legendary-854827/

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   Will Wanda become a global film company?

   • The agreement indeed makes for a bold next step toward Wanda’s goal of becoming a global film company. The Chinese conglomerate has been pushing to diversify from its core real estate business since August 2012, when it spent $2.6 billion to acquire AMC Entertainment, North America’s second-largest cinema chain.

   It’s Official: China’s Wanda Acquires Legendary Entertainment for $3.5

   www.hollywoodreporter.com/news/general-news/official-chinas-wanda-acquires-legendary-854827/

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3. www.hollywoodreporter.com › news › general-newsIt’s Official: China’s Wanda Acquires Legendary Entertainment ...

   www.hollywoodreporter.com › news › general-news

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   Jan 11, 2016 · Chinese real estate and investment conglomerate Dalian Wanda Group has acquired Legendary Entertainment in a deal valued at $3.5 billion, the two companies announced at a lavish signing...

4. www.comingsoon.net › movies › newsWanda Acquires Legendary Entertainment for $3.5 Billion

   www.comingsoon.net › movies › news

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   By pbadmin. Dalian Wanda Group Co., Ltd. today announced the execution of a definitive Merger Agreement with Legendary Entertainment at a signing ceremony in Beijing. Wanda Group...

5. Videos

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     China’s Dalian Wanda Buys Legendary Entertainment for $3.5 Billion

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6. screenrant.com › legendary-pictures-china-wandaLegendary Pictures Acquired For $3.5 Billion by China's Wanda ...

   screenrant.com › legendary-pictures-china-wanda

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   Jan 12, 2016 · China's Dalian Wanda Group Co., Ltd. (aka the Wanda Group), which is the country's most prominent theater chain conglomerate, has now officially acquired Legendary Entertainment for the price of $3.5 billion, marking China's largest cross-border cultural acquisition to date. What does this mean for your average movie fan?

   • Author: Sandy Schaefer

7. deadline.com › 2022 › 01Legendary Sells Minority Stake To Apollo For $760M, Regains ...

   deadline.com › 2022 › 01

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   Jan 31, 2022 · Wanda bought Legendary for $3.5 billion in 2016. Grode has described fielding multiple inbound offers in recent months and said several scenarios were considered, including a full takeover or...

8. www.wsj.com › articles › chinas-dalian-wanda-buysChina’s Dalian Wanda Buys Legendary Entertainment for $3.5 ...

   www.wsj.com › articles › chinas-dalian-wanda-buys

   Jan 12, 2016 · Ben Fritz. and. Laurie Burkitt. Updated Jan. 12, 2016 3:42 pm ET. Share. Resize. Chinese conglomerate Dalian Wanda snapped up U.S. film firm Legendary for $3.5 billion and now owns the rights...

   • Video Duration: 2 min

9. www.ft.com › content › cda09705-786f-3419-81de-f9dcDalian Wanda to buy Legendary for $3.5bn - Financial Times

   www.ft.com › content › cda09705-786f-3419-81de-f9dc

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   Jan 12, 2016 · Dalian Wanda, the property and media group controlled by Wang Jianlin, China’s richest man, will purchase Legendary Entertainment for $3.5bn. The FT’s Matthew Garrahan wrote about the deal...

10. www.thewrap.com › legendary-entertainment-chinaChina's Wanda Group Acquires Majority Stake in Legendary ...

    www.thewrap.com › legendary-entertainment-china

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    Chinese media conglomerate Dalian Wanda Group has purchased a majority stake in Thomas Tull ‘s Legendary Entertainment, a wire service report said Monday. Representatives for Legendary declined...