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Stock impact report

Cash Buyout Sends Luxury Travel Shares Flying [Globe and Mail, The (Toronto, Canada)]

Inspirato Incorporated - Class A (ISPO) 
In a market where scale, brand loyalty, and recurring revenue matter more than ever, acquisition announcements often act as sudden catalysts for thinly traded stocks. Shares of Inspirato Incorporated ( Nasdaq: ISPO ) are surging Wednesday after the luxury vacation club and property technology company announced a definitive agreement to be acquired in an all cash transaction. The stock is reacting sharply as investors price in the proposed takeout value following the company's latest strategic move. Inspirato said it has entered into an agreement to be acquired by Exclusive Investments LLC, the parent company of Exclusive Resorts, in a deal that values the company at approximately $59 million on a fully diluted basis. Under the terms of the agreement, Exclusive Investments will acquire all outstanding shares of Inspirato for $4.27 per share in cash, representing an approximate 50% premium to the company's prior closing price. Upon completion of the transaction, Inspirato will becom Show less Read more
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