Dalian Wanda Buys Ironman For $650M NYRA's Operating Loss Spikes Despite Triple Crown IMG College Buys TopShelf For Hospitality Adidas Seeking Buyer For Golf Brands Adidas Could Spin Off Golf Unit Adidas Buys Fitness App Runtastic For $239M Chime Sold To WPP, Providence Equity Callaway Golf Reports Mixed Q2 Results CDI Reports Record Quarterly Revenue Providence Equity, WPP Eye $547M Chime Takeover
Dalian Wanda Group Buys Ironman Triathlon Owner From Providence Equity For $650MPublished in SportsBusiness Daily on 08 / 27 / 15
China-based Dalian Wanda Group today said that it has "bought the organiser of Ironman Triathlon races" for $650M in a "diversification push that the property developer said may involve another sports purchase by year-end," according to Zhang & Miller of REUTERS. Wanda bought World Triathlon Cor...
Oakley Chair & President Jim Jannard decided to forgo compensation in ''97, "a year in which the sunglasses supplier saw its profits sag," according to Patrice Apodaca of the L.A. TIMES. Oakley spokes
Zapata Corp., controlled by Bucs Owner Malcolm Glazer and his family, "bought two online magazines Monday and plans to buy more," according to Kris Hundley of the ST. PETERSBURG TIMES. TX-based Zapata
Fleet Financial Group announced it has arranged $405M in financing for MLB. The credit facility will be used by participating MLB teams to refinance existing debt and for general corporate purposes. T
American Skiing Company (ASC) and the consolidation of the ski industry were examined by CNBC''s Tyler Mathisen on "Business Center." While ski resorts used to be small, family-owned businesses, "Toda
Oakley announced improved financial results for its 1Q, ended March 31. Net income for the period grew 138% to $1.3M, or $0.02 a share, compared with net income of $0.6M, or $0.01 a share, for the com
SportsLine USA announced that its secondary public offering of four million shares of common stock was priced at $37.625 per share. Of the shares being offered, 2,288,430 shares are being offered by S
Callaway Golf reported net sales of $176.9M for the first quarter ended March 31, 1998, an increase of 5% over 1Q ''97. However, net income decreased 54% to $11.2M, and diluted earnings per share decr
The Walt Disney Co. reported Wednesday that earnings rose 22% in its fiscal 2Q ended March 31 "as theme-park and ESPN operations more than offset lower creative content segment results and film write-
Reebok Int''l said Wednesday that its first-quarter profit fell 49% and company officials "predicted another tough quarter ahead with no improvement expected until autumn at the earliest," according t
SportsLine USA announced a record revenue and site traffic for the first quarter ended March 31. Revenue increased 359% to $6.79M in the first quarter ''98 from $1.48M during the same period of ''97.