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Wanda Group in its final talk to buy out Legendary Entertainment

China's Dalian Wanda Group to Acquire US Legendary Entertainment

Charissa Echavez   | Jan 06, 2016 04:10 AM EST

Chinese real estate and entertainment giant Dalian Wanda Group is reportedly in talks with US studio Legendary Entertainment to buy a majority stake in the Hollywood production company. Having already acquired AMC, if the deal pushes through, Asia's richest man Wang Jianlin will stage the biggest invasion of Hollywood since Columbia Pictures was procured by Japan's Sony almost three decades ago.

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