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China’s Wanda in $1 billion deal to buy Hollywood’s Dick Clark
November 4, 2016 by admin · Leave a Comment
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. Wanda, run by China's richest man, Wang Jianlin, said in a statement on Friday it would buy all of Dick Clark Productions, an iconic name in U.S. entertainment …
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China’s Wanda in $1 billion deal to buy Hollywood’s Dick Clark
reuters-takata
Takata mulls bankruptcy for U.S. unit, filing will take time: source
November 4, 2016 by elegant · Leave a Comment
WASHINGTON/TOKYO (Reuters) – Japan's Takata Corp is considering a bankruptcy filing for its U.S. unit as the air bag maker looks for a sponsor to help pay for liabilities related to its faulty inflators, a person briefed on the matter told Reuters. Takata, which has retained investment bank Lazard Ltd as an adviser, has been working to choose a backer for its turnaround …
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Takata mulls bankruptcy for U.S. unit, filing will take time: source