secwatch.observer — SEC 8-K summary
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Issuer:     Pursuit Attractions & Hospitality, Inc. (PRSU)
CIK:        0000884219
Form:       8-K
Filed at:   2024-12-31T23:59:59+00:00
Accession:  0000950170-24-141522
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Viad completes $535M GES sale, relaunches as Pursuit (PRSU); Barry named CEO
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- Completed sale of GES business to Truelink Capital for $535M ($510M at close plus $25M deferred).
- Relaunches as Pursuit Attractions and Hospitality, trading under PRSU on NYSE starting Jan 2, 2025.
- David Barry becomes President and CEO; Steve Moster transitions to advisor through March 1, 2025.
- Board reduced to 7 directors; Joshua Schechter appointed Chairman, Jill Bright and Beverly Carmichael committee chairs.
- Converted 135K shares of 5.5% Series A Preferred Stock into ~6.7M common shares; total shares outstanding ~28M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/884219/000095017024141522/0000950170-24-141522-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/884219/000095017024141522/vvi-20241227.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-141522

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer