Pursuit Attractions acquires full ownership of Glacier Park subsidiary

Pursuit Attractions (PRSU) announced it has acquired 100% ownership of its Glacier Park, Inc. subsidiary, which owns and operates nine distinctive lodging properties, as well as numerous dining and retail outlets, in and around the iconic Glacier National Park. Pursuit previously owned an 80% controlling stake of Glacier Park, Inc., with the remaining 20 percent non-controlling interest held by the trust of the late Rex Maughan and his surviving spouse Ruth Maughan. Rex was an accomplished advocate for national parks, and he and Ruth were the founders of Forever Living and Forever Resorts. In connection with this transaction, Pursuit paid $13 million to the Maughan Revocable Trust of 2007, which releases a noncontrolling interest liability from Pursuit’s balance sheet that was approximately $19 million as of June 30, 2025.