Law360 quoted Manatt’s Hale Boggs, chair of the firm’s media, technology and advertising practice, for an article about the outlook for technology-related mergers and acquisitions in 2017.
The publication reported that Chinese inbound investment could see a slowdown after significant activity in the first half of 2016. The article explained that, due to political tensions in the United States and in China, a similar level of investment in the new year is unlikely.
Chinese buyers were especially enticed by content in 2016, according to Boggs. Dalian Wanda Group, for example, completed a series of acquisitions this year, including Legendary Entertainment for $3.5 billion and several award shows from Dick Clark Productions for $1 billion.
Read the article here.