Chinese company sets aside 'Transformer' dispute

June 24, 2014 5:07 AM

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Chinese company sets aside 'Transformer' dispute

BEIJING (AP) — A Beijing property developer and Paramount Pictures said Monday that they have smoothed out a dispute over the new "Transformer" movie and it will be released in China as scheduled.

The Beijing Pangu Investment Co. Ltd. said the two sides "have gained mutual trust and reached understanding" after friendly negotiations, days after it demanded edits to remove any reference to its property over an alleged contractual default.

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