If You Thought These Companies Are Still American, You Are Wrong

Published on 08/23/2020
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Legendary Entertainment Group

After Dalian Wanda Group bought AMC and saw great success in the movie industry, it decided to go all in by buying a movie studio in 2016. Legendary Entertainment Group turned over its ownership to the Chinese company in a deal worth $3.5 billion. At the time, Dalian Wanda Group wanted to absorb it into its existing portfolio. However, it eventually reached the decision to just operate it as it was. It has been four years since the purchase, so let us take a look at how things are going for LEG. Ever since the acquisition, it has produced movies such as Jurassic World: Fallen Kingdom, Pacific Rim: Uprising, Kong: Skull Island, and Skyscraper!

Legendary Entertainment Group

Legendary Entertainment Group

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Hoover US

Ever since it opened its doors in 1908, Hoover has made a name for itself as a trusted American appliance brand. Named after founder William Henry Hoover, the company is now considered to be an iconic brand. Even though things remained local for the longest time, things changed after Techtronic Industries bought it for $107 million in 2006. You will still find the HQ in North Carolina, but the central office is now in Hong Kong. The Chinese company is huge with a staff of more than 30,000 members and yearly sales of more than $7.7 billion. While it is no longer an American company, it is in good hands.

Hoover US

Hoover US

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