- Lindblad Expeditions Holdings Inc LIND has acquired a majority stake (80%) in Classic Journeys LLC, a luxury cultural walking tour company. The financial terms of the acquisition were not disclosed.
- Lindblad expects the acquisition to deepen its platform of experiential product offerings in adventure travel sectors.
- Lindblad expects to capitalize on the growing demand for authentic and immersive adventure travel and wellness worldwide.
- Lindblad held $203.55 million in cash and equivalents as of June 30, 2021.
- Price Action: LIND shares are trading higher by 1.65% at $15.07 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
