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An announcement from Pursuit Attractions and Hospitality ( (PRSU) ) is now available.
Pursuit Attractions and Hospitality has secured a $200 million revolving credit facility with Bank of America and other lenders, allowing flexibility in various currencies, to fund operations, growth, acquisitions, and general corporate purposes. Additionally, Pursuit completed the sale of its GES business to TL Voltron Purchaser, LLC for $535 million, which signifies a strategic shift and will be reported as a discontinued operation, impacting its financial results and operations significantly.
More about Pursuit Attractions and Hospitality
Pursuit Attractions and Hospitality, Inc., formerly known as Viad Corp, operates in the attractions and hospitality industry, offering services and products related to leisure and entertainment experiences. The company focuses on enhancing its market presence through strategic growth initiatives, acquisitions, and corporate operations.
YTD Price Performance: -4.13%
Average Trading Volume: 157,014
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.12B
For a thorough assessment of PRSU stock, go to TipRanks’ Stock Analysis page.
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