Lindblad Expeditions Holdings, Inc.: Material agreement
Lindblad Expeditions acquired a 60% controlling stake in White Desert and Echo Charlie and raised its full year 2026 guidance.
Positive for the companyWhat happened
- On September 14, 2026, a subsidiary of Lindblad acquired a 60% controlling interest in White Desert Ltd, PNR Airways Ltd, and Echo Charlie Ltd for an aggregate cash price of approximately $61 million plus approximately $6 million for cash on the balance sheet.
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