Viad Corp to Transform Into Pure-Play Attractions and Hospitality Leader Through Sale of GES Business to Truelink Capital for $535 Million
Viad Corp (VVI)
Last viad corp earnings: 2/6 04:05 pm
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Source: Business Wire
Upon Close, Viad to Change Corporate Name to Pursuit, Reflecting Singular Focus on Delivering Unforgettable Experiences in Iconic DestinationsCompany to Host Conference Call Today at 8:30 A.M. Eastern Time SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Viad Corp (NYSE: VVI) (“Viad” or the “Company”), a leading global provider of extraordinary experiences, including attractions, hospitality, exhibition services and experiential marketing, today announced it has entered into a definitive agreement to sell its GES business to Truelink Capital for $535 million. The transaction is expected to close by the end of 2024, subject to regulatory approvals and customary closing conditions.The transaction separates GES, a global exhibition services and experiential marketing business, from Viad’s Pursuit attractions and hospitality business. GES and Pursuit will continue to operate under Viad until the transaction closes, allowing management and Truelink to deliver a successful transition of GES to a stan
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News
- Viad Corp (NYSE: VVI) had its price target raised by analysts at Oppenheimer Holdings Inc. from $41.00 to $54.00. They now have an "outperform" rating on the stock.MarketBeat
- Viad Corp (NYSE:VVI) Shares Could Be 26% Below Their Intrinsic Value Estimate [Yahoo! Finance]Yahoo! Finance
- Viad Corp (VVI) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amid Challenges [Yahoo! Finance]Yahoo! Finance
- Viad Corp Reports 2024 Third Quarter Results [Yahoo! Finance]Yahoo! Finance
- Viad Corp Announces Participation in Upcoming ConferencesBusiness Wire
VVI
Earnings
- 11/7/24 - Beat
VVI
Sec Filings
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 8-K
- 11/6/24 - Form SCHEDULE
- VVI's page on the SEC website