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Mergers & Acquisitions

Nov. 8, 2016

Chinese conglomerate to buy Dick Clark Productions

The billion dollar deal is the latest media acquisition by Dalian Wanda Group.

By Banks Albach
Daily Journal Staff Writer

Dalian Wanda Group, part of Chinese billionaire Wang Jianlin's empire, plans to buy Dick Clark Productions Inc. for roughly $1 billion. Paul Hastings LLP is advising Dick Clark Productions and Reed Smith LLP is representing Dalian Wanda.

The deal marks the latest acquisition in a recent media-buying spree by China's richest man and property developer, but it will be his ...

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