Home GRASP GRASP/China Dalian Wanda’s Dick Clark TV Deal Hits Hurdle

Dalian Wanda’s Dick Clark TV Deal Hits Hurdle

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The $1 billion purchase of Dick Clark Productions by China’s Dalian Wanda has stalled amid Beijing’s clampdown on capital leaving the country.
The $1 billion purchase of Dick Clark Productions Inc. by China’s Dalian Wanda Group has stalled amid Beijing’s clampdown on capital leaving the country, according to people familiar with the matter.
The high-profile acquisition—Dick Clark produces the Golden Globes, the American Music Awards and other awards shows—was announced Nov.

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