Business UpdateJun 24, 2026, 04:16 PM
Ryman Hospitality Explores Strategic Options for Opry Entertainment Group
AI Summary
Ryman Hospitality Properties, Inc. announced it has engaged Morgan Stanley & Co. LLC to evaluate potential strategic opportunities for its Opry Entertainment Group (OEG) business. The company aims to enable OEG to operate outside its REIT structure over time to support its long-term growth trajectory, citing inbound interest from various organizations. While exploring options, Ryman Hospitality emphasized its commitment to an integral role in OEG's future growth, though no agreements have been reached and there is no assurance any transaction will occur.
Key Highlights
- Ryman Hospitality engaged Morgan Stanley to evaluate strategic opportunities for Opry Entertainment Group (OEG).
- Company aims for OEG to operate outside its REIT structure for long-term growth.
- Received inbound interest from organizations seeking to partner with OEG.
- OEG focuses on bringing artists and audiences together through live entertainment.
- Ryman Hospitality expects to play an integral role in OEG's continued growth.
- No agreements have been entered into, and no assurances of any transaction.
Price Impact
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