Viad Corp to Expand Pursuit's Collection With $18M Acquisition of Jasper SkyTram; Expects $4M Revenue Addition; Total Payment of C$25M
Portfolio Pulse from Benzinga Newsdesk
Viad Corp (VVI) is set to expand its Pursuit collection with the acquisition of Jasper SkyTram for $18 million. The acquisition is expected to add $4 million in revenue, with a total payment of C$25 million.
June 26, 2024 | 1:04 pm
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Viad Corp (VVI) is acquiring Jasper SkyTram for $18 million, which is expected to add $4 million in revenue. The total payment for the acquisition is C$25 million.
The acquisition of Jasper SkyTram by Viad Corp is a strategic move to expand its Pursuit collection. The expected $4 million revenue addition is a positive indicator for short-term growth. The total payment of C$25 million shows a significant investment, likely to be viewed favorably by investors.
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