The Great Antarctic Land Rush: Lindblad Expeditions' $67 Million Bet on Adventure Travel The acquisition by Lindblad Expeditions Holdings, Inc.
(NASDAQ:LIND) of a 60% stake in White Desert Antarctica and its new aviation travel business, Echo Charlie, has sent shockwaves through the adventure travel industry.
The purchase price was a staggering $61 million in cash plus another $6 million in acquired cash.