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Dalian Wanda, owned by billionaire Wang ÂJianlin is expanding. Wanda bought Ironman for about $650 million. Wanda has also assembled a portfolio of dozens of endurance races outside of Ironman. Most notably, in June it scooped up Competitor Group Inc., parent company of the Rock ‘n’ Roll marathons, which fields races in 29 markets, with 600,000 participants. Thanks to these acquisitions, now part of Wanda Sports Holding, Wanda has quietly become the dominant global company in endurance sports.
(01/21/2018) Views: 1,740 ⚡AMP
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