Pursuit (PRSU) to Sell Flyover Business for $78.4M in Strategic Divestiture

We recently published an article titled 10 Best Cruise Stocks to Buy Right Now. On January 21, Pursuit Attractions and Hospitality, Inc. (NYSE:PRSU) entered into a definitive agreement to sell its Flyover flying theater attractions business to Brogent Technologies Inc. for approximately $78.4 million, subject to customary adjustments. The transaction values Flyover at roughly 15 times its estimated 2025 adjusted EBITDA contribution and is expected to close in the spring pending regulatory approvals. Flyov ...