Wanda’s $4.4 Billion Buyout Proposal Wins Support From ISS

Updated on
  • Endorsement follows favorable recommendation from Glass Lewis
  • Proxy-adviser support adds momentum to Wang Jianlin’s effort

Institutional Shareholder Services Inc. recommended shareholders support Wang Jianlin’s $4.4 billion buyout plan for Dalian Wanda Commercial Properties Co., adding momentum to the billionaire’s campaign for Hong Kong’s biggest-ever privatization deal.

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