Vivid Seats Bets Big On Las Vegas With $240M Vegas.com Purchase

Grand News Network | November 7, 2023

Vivid Seats Inc (NASDAQ: SEAT), an online platform for event ticket sales, is venturing further into the entertainment capital, Las Vegas, with an acquisition valued at approximately $240 million.

The deal involves the purchase of Vegas.com, a service offering Las Vegas visitors assistance with show tickets, tour bookings, and travel accommodations.

The transaction is structured to include $151.2 million in cash coupled with $88.8 million in Class-A common stock ...

Full story available on Benzinga.com


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