You Are Mistaken If You Believe These Companies Are Still American

Published on 10/05/2021
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Legendary Entertainment Group

Dalian Wanda Group chose to go all-in by purchasing a movie studio in 2016 after owning AMC and seeing significant success in the film business. Legendary Entertainment Group sold its stake in the Chinese firm for $3.5 billion. Dalian Wanda Group aimed to incorporate it into its current holdings at the time. However, it came to the conclusion that leaving things alone was the best course of action. After four years of ownership, it’s time to assess how LEG is doing. Since the acquisition, films including Jurassic World: Fallen Kingdom, Pacific Rim: Uprising, Kong: Skull Island, and Skyscraper have come out!

Legendary Entertainment Group

Legendary Entertainment Group

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Hoover US

Hoover has built a reputation as a dependable American appliance manufacturer when it first opened its doors in 1908. A company named after founder William Henry Hoover is now a renowned brand. Despite the fact that everything remained local for a long time, in 2006 Techtronic Industries paid $107 million for it and everything changed. However, the headquarters are still in North Carolina, but the central office is currently located in Hong Kong. The Chinese corporation is enormous, employing over 30,000 people and generating yearly revenues of over $7.7 billion dollars. Even if the corporation is no longer based in the United States, it is still in good hands.

Hoover US

Hoover US

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