Wanda Sports Group Company Limited (NasdaqGS:WSG) declined to enter into talks with the Professional Triathletes Organisation regarding a potential sale of the Wanda-owned Ironman triathlon business and related mass participation assets. Rebuffing PTO's approach, Wanda said the company and its board are not "prepared to engage in a discussion around a sale at this point." In an October 3 letter to Wanda Sports' management, PTO said its offer to enter into talks to buy the Ironman triathlon business remains open, and it believes that the Ironman triathlon business will be well served by a new owner who would be able to rectify the structural and leverage issues.