Irell Guides Wanda to $3.5B Acquisition of Legendary
Irell & Manella represented Dalian Wanda Group Co., Ltd. ("Wanda Group") in connection with a definitive merger agreement to acquire Legendary Entertainment for $3.5 billion. The transaction is heralded as China's largest cross-border cultural acquisition to date.
Irell client Wanda Group is China's largest commercial property company and the world's largest cinema chain operator. Legendary is a leading film production company that owns film, television, digital and comics divisions. Legendary has delivered many of the world's blockbuster films, including the Batman trilogy, Inception, The Hangover, Jurassic World, 300: Rise of An Empire, Pacific Rim, Man Of Steel, and more.
For additional information, see media coverage in The Wall Street Journal, The New York Times, The Hollywood Reporter and Variety.