Pursuit sells Flyover business for $78.4 million
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall St set to open higher as tech rebounds, Micron earnings eyed
- Brent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Broadcom rises 3% on OpenAI custom "Jalapeño" chip reveal
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Pursuit Announces Strategic Actions to Enhance Shareholder Value and Accelerates Focus on Iconic Attractions and Hospitality Experiences
January 21, 2026 6:55 AM ESTEnters agreement to sell Flyover business for $78.4 million, receives $25.0 million in deferred proceeds from prior GES sale, and repurchases $14.5 million of common stock
DENVER--(BUSINESS WIRE)-- Pursuit Attractions and Hospitality Inc. (NYSE: PRSU) today announced a series of strategic actions taken to strengthen focus on iconic attractions and hospitality and enhance its long-term growth profile and shareholder value. These actions include entering into a definitive agreement to sell its Flyover flying theater attractions business (Flyover) for approximately $78.4 million, subject to customary purchase price adjustments, representing a multiple of approximately 15 times Flyover's estimated 2025 Adjusted EBITDA... More
