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Dalian Wanda buyout deal gets Glass Lewis backing

Thursday, July 28, 2016 - 05:50

Hong Kong

BILLIONAIRE Wang Jianlin's US$4.4 billion proposal to privatise Dalian Wanda Commercial Properties Co drew support from Glass Lewis, which advised investors to vote for the plan.

The buyout offer's rationale is "fairly standard" and "straightforward", according to a Glass