Oceaneering to Sell Its Entertainment Unit to Infinite Acquisitions
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Oceaneering International (OII) is selling its entertainment unit to Infinite Acquisitions, which will operate under Falcon's Beyond. This move is aimed at enhancing leadership in themed entertainment.
November 21, 2024 | 1:00 pm
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Oceaneering International is selling its entertainment unit to Infinite Acquisitions, which could streamline its operations and focus on core business areas.
The sale of the entertainment unit allows OII to focus on its core business, potentially improving operational efficiency and financial performance. This strategic move is likely to be viewed positively by investors.
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