Motorola
Motorola, best known for its technological products, was founded in Schaumburg, Illinois, decades before the public was introduced to the concept of mobile phones. Following its founding in 1928, the company continued to grow until it reached the pinnacle of its success with flip phones and other similar devices.
Motorola
Google eventually bought the company, but it was later sold to a Chinese company called Lenovo in 2014. This was not beneficial to Google because it purchased the company for $12 billion two years before selling it for $2.9 billion. Others are perplexed as to why Google appears to be fine with a $10 billion loss on this transaction from 2011.
Ironman
The Ironman competition was started by the Hawaii Triathlon Corporation. The property was bought for $3 million by Dr. James P. Gills in 1990. It has grown significantly since then to become a much larger organization than it was at the start. The company was bought for $85 million by Providence Equity Securities in 2008.
Ironman
After that, it was purchased for $650 million by the Dalian Wanda Group seven years later! It turns out that the Chinese firm was even required to assume the previous owner’s debt in order to do so. Wanda was ecstatic with the company’s year-over-year net growth of 40%. It had, however, been successful prior to the current arrangement.
