China's Fosun said to explore sale of Hollywood studio stake

China's Fosun said to explore sale of Hollywood studio stake

Billionaire Guo Guangchang, chairman and co-founder of Fosun International Ltd., looks on ahead of a news conference in Hong Kong, China, on Thursday, Aug. 31, 2017. Photographer: Paul Yeung/Bloomberg

Fosun Group, backed by billionaire Guo Guangchang, has explored options for its stake in Hollywood production house Studio 8 Inc. including a sale, according to people familiar with the matter.

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