Viad Corp. (VVI: Quote) announced Friday morning that its Board of Directors has authorized management to explore and evaluate opportunities to enhance shareholder value, including a potential separation of its Travel & Recreation and Marketing & Events businesses.
Shares of Viad rose steadily until midday Friday and closed up by 2 points at $26.53 on above average volume. The stock has been rising for the last 3 weeks and finished at a new high for the year.
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by RTT Staff Writer
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