Capitol Acquisition Corp. II has taken over Lindblad Expeditions.  Capitol is classified as a public investment vehicle with publically traded shares.  What that means in practical terms is that the company functions as a tool to generate capital for business operations naturally produce a return for investors.  In this case the company choose a noted operator of “expedition” cruises, a growing and high-priced area of the cruise industry.  Lindblad’s destination for example include Antarctica and the Galapagos islands and command daily per diems of over $1,000.  Lindblad operates six vessels, all with a “National Geographic” prefix and charters an additional four.  CEO Sven-Olof Lindblad said that “The additional resources and strong balance sheet will allow us to meet increasing guest demand by expanding our fleet with new vessels and opportunistically seeking accretive strategic acquisitions.”

Comments (0)

Rated 0 out of 5 based on 0 votes
There are no comments posted here yet

Share us everywhere!

Follow us with your favorite social media!

Share a Review!

Reviews on Cruise Aficionados