Companies That Are Not American Made, But Everyone Believes They Are!

Published on 10/05/2021
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Ironman

The Hawaii Triathlon Corporation developed the Ironman competition. Dr. James P. Gills paid $3 million for it in 1990. It has since grown into a much larger corporation. In 2008, Providence Equity Securities paid $85 million for the company. Seven years later, the Dalian Wanda Group paid $650 million for it! According to sources, in order to consummate the sale, the Chinese company was compelled to accept a portion of the prior owner’s debt. Wanda was happy with the 40 percent year-over-year net rise, despite the fact that the business was previously successful prior to its current configuration.

Ironman

Ironman

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Forbes

In September of that year, Forbes released its debut issue. Isn’t it amazing that 103 years have passed since then? Since since, it has earned a reputation as a reliable source of credible celebrity and business rankings. The World’s 100 Most Powerful Women and 30 Under 30 are two well-known lists to consider as a starting point for your research. While many people believe it is an American journal, it is really owned by Integrated Whale Media Investments of Hong Kong. In 2014, it paid $400 million for Forbes. However, we feel that readers have not seen any differences since the deal was struck, both before and after.

Forbes

Forbes

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