NYSE:PRSUHospitality
Is Pursuit Attractions and Hospitality (PRSU) Using the Flyover Sale to Quietly Redefine Its Capital Playbook?
Pursuit Attractions and Hospitality, Inc. previously announced it had entered into an agreement to sell its Flyover flying theater subsidiaries for US$78.40 million in cash, subject to regulatory approvals and including a US$10.00 million termination fee under certain conditions.
This divestiture marks a meaningful reshaping of Pursuit’s attractions portfolio and signals potential capital redeployment within its wider hospitality and attractions businesses.
We will now examine how the...