30+ Formerly American Companies

Published on 04/23/2024
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Legendary Entertainment Group

Original Headquarters: Burbank, CA
Purchased By: 
Dalian Wanda Group
Country: China

After successfully purchasing AMC and testing the waters in the film industry, Dalian Wanda decided to boost the ante in 2016 by establishing their own movie studio. Legendary Entertainment Group transferred ownership to the investment firm for a comfortable $3.5 billion. Dalian Wanda intended to fully integrate LEG into its existing portfolio of brands, but instead chose to leave it running as usual for the time being. Since the agreement was reached four years ago, films such as Kong: Skull Island, Pacific Rim: Uprising, Jurassic World: Fallen Kingdom, and Skyscraper have been produced.

Legendary Entertainment Group

Legendary Entertainment Group

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Hoover US

Original Headquarters: Ohio
Purchased By: 
Techtronic Industries
Country: 
China

Hoover has been a trusted appliance brand in America since its inception in 1908. Over the years, William Henry Hoover’s company developed an iconic brand. Despite keeping things local until 2006, Hoover sold to Techtronic Industries for $107 million. While Hoover has a headquarters in North Carolina, its parent corporation operates from its central office in Hong Kong. Techtronic is a massive firm with over 30,000 employees and yearly sales of more than $7.7 billion. Hoover may not be American anymore, but it is in capable hands.

Hoover US

Hoover US

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