Chinese real estate and investment conglomerate Dalian Wanda Group has entered into an agreement to acquire Legendary Entertainment in a deal valued at approximately $3.5 billion. Legendary is a leading independent studio involved in such hits as Godzilla, Inception, Jurassic World, Pacific Rim, Krampus and Straight Outta Compton.

Thomas Tull, Chairman and CEO of Legendary, will continue to be responsible for day to day operations of the company.

Simpson Thacher represented the Board of Directors of Legendary in connection with this transaction. The Simpson Thacher team included Mike Nooney, Mark Tannahill and Dena Acevedo (M&A); and Katharine Moir (Tax).