The company has hired Morgan Stanley to evaluate investors.
A general view of atmosphere during his Public Celebration of Life of Little Jimmy Dickens at The Grand Ole Opry on January 8, 2015 in Nashville, Tennessee.
Terry Wyatt/Getty Images
Ryman Hospitality Properties (RHP) has engaged Morgan Stanley to evaluate potential offers in purchasing a portion of its Opry Entertainment Group (OEG), which includes flagship venue The Grand Ole Opry House and the Opry’s original Nashville home, the Ryman Auditorium. The Opry is celebrating its 100th birthday this year.
Bloomberg was first to report the news earlier on Wednesday (June 24), stating that RHP was interested in selling up to 70% of OEG.
