Dalian Wanda Group Buys Dick Clark Productions for $1 Billion

Read on: Variety
The Dalian Wanda Group has sealed a deal to buy Dick Clark Productions for an eye-popping $1 billion. The acquisition, which had been expected, marks yet another aggressive move into Hollywood for the Chinese real estate and entertainment conglomerate. Dick Clark Productions will Wanda a presence in the world of glitzy live events, such as...
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