Viad Corp shares are trading higher after the company announced it entered into a deal to sell its GES business to Truelink Capital for $535 million.
Portfolio Pulse from Benzinga Newsdesk
Viad Corp shares rose following the announcement of a deal to sell its GES business to Truelink Capital for $535 million.
October 21, 2024 | 1:39 pm
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Viad Corp's stock price increased after announcing the sale of its GES business to Truelink Capital for $535 million, indicating a positive market reaction.
The sale of the GES business is a significant transaction for Viad Corp, likely improving its financial position and focusing its business strategy. The market's positive reaction is reflected in the rising stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100