China's Wanda Group in talks with Dick Clark Productions

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China's Wanda Group in talks with Dick Clark Productions

09-26-2016, 08:00 PM

SAN FRANCISCO (Reuters) - Chinese real estate and entertainment conglomerate Dalian Wanda is in talks to finalize a deal with Dick Clark Productions, according to a statement on Monday, as the Chinese firm seeks to expand its growing portfolio of investments in Hollywood.

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