Legendary Entertainment on a Path to Success: Management Takes the Reins
- The board of directors is evenly staffed by representatives from both organizations.
- Legendary Entertainment to be Fully Acquired by Management and Apollo Global Management.
Eulerpool News·
The renowned production company Legendary Entertainment, based in Burbank, California, has announced that it will finance a strategic transaction from its own funds. This development results in the company being entirely owned by management and the investment giant Apollo Global Management. In an interview, CEO Josh Grode explained that the company's board of directors will in the future be composed of half representatives from Legendary and half from Apollo. This equal distribution is intended to ensure balanced decision-making while securing the influence of both parties. The exciting partnership between Legendary and Apollo promises to infuse fresh energy into the company structure and maximize the potential for future successes.
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