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Pursuit Secures Full Ownership of High-Performing Glacier Park Subsidiary in Iconic Destination

Pursuit Attractions and Hospitality, Inc. (PRSU) 
Company Research Source: Business Wire
DENVER--(BUSINESS WIRE)--Pursuit Attractions and Hospitality, Inc. (“Pursuit”) (NYSE: PRSU), announced it has acquired 100 percent ownership of its Glacier Park, Inc. subsidiary, which owns and operates nine distinctive lodging properties, as well as numerous dining and retail outlets, in and around the iconic Glacier National Park.Pursuit previously owned an 80 percent controlling stake of Glacier Park, Inc., with the remaining 20 percent non-controlling interest held by the trust of the late Rex Maughan and his surviving spouse Ruth Maughan. Rex was an accomplished advocate for national parks, and he and Ruth were the founders of Forever Living and Forever Resorts.David Barry, Pursuit’s President and Chief Executive Officer, commented, “We are pleased to have reached agreement with the Maughan family to purchase their minority ownership of Glacier Park, Inc. Throughout our collective ownership of Glacier Park, Inc. beginning in the early 1980’s, Rex Maughan supported our plans a Show less Read more
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