It is not yet clear how much DMG would spend on Forbes. ![]() The fund would then acquire full control of an entity called FBS Entertainment and Leisure, which would be the vehicle for the Forbes deal, according to the filing. ![]() DMG Yinji plans to use a Hong Kong-based, DMG-branded entity to establish a $256 million investment fund with several partners. The purchase would be made from DMG’s publicly listed Chinese component, DMG Yinji. The deal would also give the company, which has strong ties to Hollywood and China, “greater China rights” to the Forbes brand, Forbes’ Hong Kong-based owner Integrated Whale Media said in a filing. and China looks to pick up Chinese rights for the business publisherīeverly Hills-based DMG Entertainment has offered to buy a 10 percent stake in business publisher Forbes Media, the company told TheWrap Thursday. DMG Entertainment Makes Offer for 10 Percent Stake in Forbes Media
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