Ironman
Marathon runners will be familiar with the Ironman competition, which began as an initiative from the Hawaii Triathlon Corporation. Dr. James P. Gills purchased the group in 1990 for $3 million. Following this purchase, the company has grown amazingly since its comparatively humble beginnings. Providence Equity Securities then bought it again in 2008 for $85 million. You might have guessed this trend by now, with Dalian Wanda Group being the next holder for a rousing $650 million in 2015. The Chinese business happily undertook the previous owners’ massive debt to take over. It was worth the trouble, however, as Wanda has managed to secure a yearly 40% growth for the company.
Ironman
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