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    Did Wanda buy legendary?
    Wanda acquired Legendary in a deal that valued the studio at $3.5 billion back in 2016, though the private equity firm Apollo would go on to acquire a $760 million minority stake in 2022, buying out a portion of Wanda's ownership in the company.

    Legendary Entertainment Buys Out Wanda, With An Eye Toward M&A

    msn.com
    Who is Wanda represented by?
    Wanda was represented by Freshfields Bruckhaus Deringer. The post Legendary Entertainment Buys Out Wanda Group's Ownership Stake appeared first on TheWrap. Legendary Entertainment has bought out Chinese multinational conglomerate Wanda Group's remaining 60% equity interest in the studio known for the "Dune" and "Godzilla" franchises.

    Legendary Entertainment Buys Out Wanda Group's Ownership Stake

    msn.com
    Who owns Wanda Group?
    Legendary was represented in the transaction by O'Melveny & Myers, while the studio's management was represented by Morgan Lewis Bockius. Wanda was represented by Freshfields Bruckhaus Deringer. The post Legendary Entertainment Buys Out Wanda Group's Ownership Stake appeared first on TheWrap.

    Legendary Entertainment Buys Out Wanda Group's Ownership Stake

    msn.com
    Why did Legendary Entertainment buy out Dalian Wanda Group?
    Legendary Entertainment is making a big strategic move, buying out Dalian Wanda Group's stake in the company. In an interview with The Hollywood Reporter, Legendary CEO Josh Grode framed the deal as being a "right place, right time" situation. "Wanda was looking for some liquidity in some of its investments.

    Legendary Entertainment Buys Out Wanda, With An Eye Toward M&A

    msn.com
    Who is Dalian Wanda & Apollo Funds?
    Wanda was represented by Freshfields Bruckhaus Deringer. Apollo Funds were represented by Wachtell, Lipton, Rosen & Katz. Legendary Entertainment, the producer of the “Dune” franchise, has bought out Dalian Wanda Group’s stake in the company. The pact leaves Legendary and Apollo Global Management in control.

    ‘Dune' Producer Legendary Entertainment Buys Out Dalian Wanda's Stake

    msn.com
    Why did Wanda buy Apollo Studios?
    Chinese conglomerate Wanda acquired the studio in 2016. "I think they were in a position where they needed some capital [and] the opportunity arose for us to buy Wanda’s interest at a valuation that would be very accretive to both management and Apollo.

    Legendary Entertainment Buys Out Wanda's Remaining Ownership Stak…

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  3. The Hollywood Reporter
    https://www.hollywoodreporter.com › business › ...

    Wanda Sells Legendary Entertainment Ownership Back to Studio

    Tags:
    Dalian Wanda Group
    Stake
  4. Deadline
    https://deadline.com › legendary...

    Legendary Entertainment Buys Out Wanda’s Remaining ... - Deadline

  5. Los Angeles Times
    https://www.latimes.com › entertainment-arts › ...

    Legendary buys out China’s Wanda ownership stake

    Tags:
    Stake
    China
  6. Yahoo Finance
    https://finance.yahoo.com › news

    Legendary Entertainment Buys Out Wanda Group’s Ownership Stake

    Tags:
    Legendary Pictures
    Wanda people
  7. Screen Daily
    https://www.screendaily.com › news › legendary...

    Legendary Entertainment buys out Wanda’s remaining stake

    Tags:
    Stake
    Dune
  8. Variety
    https://variety.com › biz › global › dune-godzilla...

    Dalian Wanda Sells Stake in 'Dune' Producer Legendary ... - Variety

    Tags:
    Dalian Wanda Group
    Dune
  9. Bloomberg
    https://www.bloomberg.com › news › articles › ...

    Legendary Entertainment Buys Out Wanda Group Stake - Bloomberg

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    Dalian Wanda Group
    Bloomberg L.P.
  10. Reuters
    https://www.reuters.com › markets › deals › legendary...

    Legendary Entertainment buys out Dalian Wanda's stake in the …

    Tags:
    Dalian Wanda Group
    Legendary Pictures
  11. U.S. News
    https://money.usnews.com › investing › news › articles › ...

    Legendary Entertainment Buys Out Dalian Wanda's Stake in

    Tags:
    Dalian Wanda Group
    Reuters
  12. Axios
    https://www.axios.com › pro › media-deals › legendary-wanda-stake-dune

    "Dune" studio Legendary to buy out Wanda’s stake - Axios

    Tags:
    Dalian Wanda Group
    Dune
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