Pursuit sells Flyover for $75 million to refocus capital on core growth
Cash proceeds enhance balance sheet and enable buybacks/growth capex; aligns with Vision 2030, reducing non-core exposure and potentially lifting valuation.
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Cash proceeds enhance balance sheet and enable buybacks/growth capex; aligns with Vision 2030, reducing non-core exposure and potentially lifting valuation.
What happened, with direct paths to the underlying reporting
Pursuit completed the Flyover sale to Brogent for $75 million, down from $78.4 million, with adjustments. The company frames the deal as refinements to its Vision 2030 strategy, enabling greater investment in core attractions, strategic acquisitions, and buybacks. The step sharpens Pursuit’s growth trajectory by reallocating capital to high-return opportunities.
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