Chinese Business buys American Business

Another Chinese Billionaire buys American Company.

This time it would make the Wanda Group to be the world's biggest revenues-generating Film Company says Wanda’s Chairman, Mr. Wang JianLin.

http://usa.chinadaily.com.cn/business/2016-01/12/content_23052011.htm

The hand shake is the final photo opts to a deal sign for China’s Dalian Wanda Group Company purchase of American Legendary Entertainment Company.

The purchase price is US$3.5 billion in cash. It is China’s biggest international cultural business acquisition to date.

The deal includes the continuing of Legendary Chairman & CEO Thomas Tull (pictured) to head the U.S. Company and be responsible to the day-to-day operations.

Wanda Group’s chairman still have eyes for further expansion in acquisition of overseas assets and Europe may be the near future deals in the making.