Advance To Acquire The IRONMAN Group From Wanda Sports Group
Wanda Sports Group Company Limited (WSG)
Last wanda sports group company limited earnings: 11/18 12:55 am
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Source: PR Newswire
NEW YORK and TAMPA, Fla., March 26, 2020 /PRNewswire/ -- Advance announced today that it has entered into a definitive stock purchase agreement with Wanda Sports Group Company Limited (NASDAQ: WSG) to acquire The IRONMAN Group in an all-cash transaction. The IRONMAN Group and its portfolio of assets, which includes its flagship IRONMAN® and IRONMAN® 70.3® triathlons, the Rock 'n' Roll Marathon Series®, and the Epic Series® of mountain biking races, among other events, makes up the largest mass participation sports platform in the world. From a single race on O'ahu, Hawai`i in 1978, The IRONMAN Group has owned, organized, promoted, and licensed endurance events for over 40 years, which now consists of more than 235 events in over 50 countries, across triathlon, running, trail running, cycling and mountain biking. Each year over one million international athletes participate in an IRONMAN Group race. Advance is committed to the future of The IRONMAN Group and believes in the long-term
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