Deals
‘Godzilla’ Producer Legendary Enlists LionTree in Deal Hunt
- Movie company has had the biggest hit of the pandemic
- Legendary was acquired by Chinese conglomerate Wanda in 2016
Source: Warner Bros. Pictures and Legendary Pictures
Legendary Entertainment, producer of the hit 2021 film “Godzilla vs. Kong,” has been working with the investment bank LionTree LLC on possible deals, according to people familiar with the discussions.
The company, a unit of China’s Dalian Wanda Group Co., has had talks about merging with a special purpose acquisition company, making acquisitions or finding other partners, said the people, who asked not to be identified because the discussions are private. Legendary, which is profitable on its own, may decide not to do anything.