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Wanda Holds Talks to Acquire Lions Gate, MGM in Hollywood Push

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Dalian Wanda Group Co., which controls the second-biggest U.S. cinema chain, is in talks to acquire a stake in film studio Lions Gate Entertainment Corp., billionaire chairman Wang Jianlin said.

The Beijing-based company is interested in buying control of Lions Gate, the $4.7 billion studio behind “The Hunger Games” films, although its owners have only been willing to sell a minority stake, Wang said in an interview. Talks are at an early stage and may not lead to a deal, he said. Wanda has also held discussions about investing in Metro-Goldwyn-Mayer Inc., the independent producer of James Bond films, Wang said.