BUZZ-Viad jumps on plan to sell GES business to Truelink Capital for $535 mln

Reuters
2024-10-21

** Shares of hospitality services provider Viad Corp up 9.3% at $39.09 before the bell

** Company says it has entered into an agreement to sell its GES business to Truelink Capital for $535 million

** Viad operates through two businesses - Pursuit and GES

** While GES offers global exhibition and marketing services to organizers and brands, Pursuit owns and operates leisure and recreational destinations in U.S., Canada, and Iceland

** Sales of GES to Truelink is expected to close by the end of 2024

** Upon completion of the deal, Viad says it intends to change its corporate name and relaunch as Pursuit and change its NYSE common stock ticker symbol to "PRSU"

** Up to Friday's close, stock had fallen 1.2% this year

(Reporting by Ananya Mariam Rajesh in Bengaluru)

((AnanyaMariam.Rajesh@thomsonreuters.com ; X: ))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10