China's Wanda in $1 billion deal to buy Hollywood's Dick Clark

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China's Wanda in $1 billion deal to buy Hollywood's Dick Clark

11-03-2016, 11:40 PM

SHANGHAI/SAN FRANCISCO (Reuters) - China's Dalian Wanda has agreed a $1 billion takeover of Dick Clark Productions, the company that runs the Golden Globe awards and Miss America pageants, extending the Chinese property-to-entertainment conglomerate's expansion into Hollywood.

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