Dalian Wanda's proposed $1b deal with Dick Clark Productions shaky, but not dead

Dalian Wanda's proposed $1b deal with Dick Clark Productions shaky, but not dead

Wang Jianlin, chairman of the Dalian Wanda Group, speaks at a business event at the Bing theatre in Los Angeles, California U.S., October 17, 2016. REUTERS/Mario Anzuoni

Chinese conglomerate Dalian Wanda’s proposed $1 billion purchase of Hollywood’s Dick Clark Productions Inc is under pressure but is not yet over, sources told Reuters, amid high U.S.-China tensions and tight scrutiny by Beijing on outbound deals.

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