‘Dune’ Producer Legendary Entertainment Buys Out Dalian Wanda’s Stake

Legendary Entertainment, the producer of the “Dune” franchise, has bought out Dalian Wanda Group’s stake in the company. The pact leaves Legendary and Apollo Global Management in control. Terms of the sale, which Legendary financed itself via cash on its balance sheet, have not been disclosed. Legendary said it did not rely on outside financing […]