Norwegian Cruise Line Acquires Prestige Cruises

Norwegian Breakaway cruise ship

Earlier this month, Norwegian Cruise Line Holdings entered into an agreement to purchase Prestige Cruises International, the market leader in the upscale cruise segment and the parent company of Regent Seven Seas Cruises and Oceania Cruises. Norwegian will acquire Prestige for $3.03 billion in cash, stock and assumed debt. “The acquisition…

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