China's Wanda buys Legendary Entertainment for $3.5 billion
- BEIJING (AP)
- --
Wanda Group announced Tuesday it is buying Hollywood's Legendary Entertainment, the maker of films such as "Batman," for $3.5 billion in the first Chinese acquisition of a major U.S. film company.
Wanda, whose chairman, Wang Jianlin, is one of China's richest businesspeople, has expanded...