Pursuit Attractions and Hospitality Inc. (NYSE: PRSU) has entered into a definitive agreement to sell its Flyover flying theater attractions business to Brogent Technologies Inc. for approximately $78.4 million. This divestiture is part of a broader strategic initiative to focus on core iconic attractions and hospitality assets, enhance shareholder value, and strengthen the company’s financial flexibility. The transaction is expected to close in the spring, pending regulatory approvals.
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Pursuit (PRSU) to Sell Flyover Business for $78.4M in Strategic Divestiture
Pursuit Attractions and Hospitality Inc. (NYSE: PRSU) has entered into a definitive agreement to sell its Flyover flying theater attractions business to Brogent Technologies Inc. for approximately $78.4 million. This divestiture is part of a broader strategic initiative to focus on core iconic attractions and hospitality assets, enhance shareholder value, and strengthen the company’s financial flexibility. The transaction is expected to close in the spring, pending regulatory approvals.