China’s Wanda Acquiring Controlling Stake in Legendary Entertainment
The deal, which could be announced as soon as next week, values the U.S. movie studio at between $3 billion and $4 billion.
Chinese real estate and investment conglomerate Dalian Wanda Group has reached a deal to acquire a majority stake in Legendary Entertainment, sources tell The Hollywood Reporter.
http://www.hollywoodreporter.com/news/chinas-wanda-acquiring-controlling-stake-852068