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Stock impact report

GES To Be Acquired by Truelink Capital [Yahoo! Finance]

Viad Corp (VVI) 
Last viad corp earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
LAS VEGAS and LOS ANGELES Oct. 21, 2024 /CNW/ -- GES, a leading provider in the global exhibition and event industry, announced today that its parent company, Viad Corp, and Truelink Capital, a Los Angeles based private equity firm, have entered into a definitive agreement whereby Truelink will acquire the GES business. The acquisition is expected to close by the end of 2024, subject to applicable and customary closing conditions. Derek Linde , GES President said, "This is an exciting time for GES. The business has tremendous momentum, and our team is driving strong revenue growth, margin expansion, and client service. The publicly traded Viad conglomerate has been a great home to GES for decades and we are excited to start a new chapter as a private company with Truelink, who believes in our ability to continue delivering industry leadership, innovation and growth." With over 2,600 employees and thousands of active union partners across the globe, GES and its companies have a de Show less Read more
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