Vail Resorts to add another legendary mountain to its portfolio

By August 8, 2016Uncategorized
Vail Mortgage

Vail Resorts Inc. said it’s buying “one of the most iconic resorts in the world” with its purchase of a controlling interest in Canada’s biggest ski area.

The Broomfield company (NYSE: MTN) announced Monday that it will acquire Whistler Blackcomb Holdings Inc. (TSE: WB) in British Columbia in a cash-and-stock deal worth about $1.056 billion. Whistler Blackcomb owns 75 percent of the partnerships that operate the Canadian resort.

Full article here.

Join the discussion 3 Comments

Leave a Reply