, Columnists
Wanda's Cash Cow Evolution
A transaction of this size will probably be counted as a reverse merger.
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Investors in Dalian Wanda Group Co.'s companies haven't had much good news of late.
Billionaire owner Wang Jianlin's global buying spree is on Beijing's radar and a slowing Chinese box office is taking a toll on his cinema operations. No wonder Wang is taking a leaf out of Hong Kong tycoon Li Ka-shing's playbook and focusing on cash generation first and foremost.