Don’t Be Fooled By These Companies, They Were Not Owned By Americans Anymore

Published on 10/27/2021
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Legendary Entertainment Group

Dalian Wanda Group chose to go all-in by purchasing a movie studio in 2016 after purchasing AMC and seeing significant success in the movie business. In a $3.5 billion deal, Legendary Entertainment Group sold its stake to the Chinese corporation. Dalian Wanda Group wanted to include it into its current portfolio at the moment. However, it eventually came to the conclusion that it would be best to keep it running as-is. Let’s take a look at how things are going for LEG now that it’s been four years since the purchase. Jurassic World: Fallen Kingdom, Pacific Rim: Uprising, Kong: Skull Island, and Skyscraper! have all been produced since the acquisition.

Legendary Entertainment Group

Legendary Entertainment Group

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Hoover US

Hoover has built a reputation as a reliable American appliance brand when it first opened its doors in 1908. The corporation, which bears the name of its founder, William Henry Hoover, has become a household name. Even while things stayed local for a long time, after Techtronic Industries bought it for $107 million in 2006, things changed. The headquarters are still in North Carolina, but the central office has moved to Hong Kong. With over 30,000 employees and annual sales of more than $7.7 billion, the Chinese corporation is massive. It is in good hands, despite the fact that it is no longer an American enterprise.

Hoover US

Hoover US

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