Wanda Group’s $1 billion deal to buy Dick Clark Productions has been delayed — but not derailed — as a result of China’s recent effort to limit capital flight from the country. The early November pact is now expected to close in a matter of weeks as the companies grapple with controls that China’s Commerce Ministry imposed late last year on overseas deals of $1 billion or more. Former Guggenheim Partners president Todd Boehly's Eldridge Industries controls DCP, which…

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  • What Was Dick Clark's Net Worth?
    He also co-produced "Let's Make A Deal," hosted by ... 1973 and went public as Dick Clark Productions in 1987. In 1982, Clark launched his own radio syndication group called the United Stations ...
    04/4/2024 - 6:24 am | View Link
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