We just saw on the newswires that Vail has settled its lawsuit against Park City by acquiring the resort from Powdr Corp. for $182.5 million in cash. This is surely the outcome that Vail was aiming for from day one.
What does it mean for local and visiting skiers?
Mountain operations of PCMR and Canyons will remain separate for the 2014-2015 ski season. However, Vail’s Epic and Epic Local passes will be valid at PCMR. All PCMR passes for the 2014-2015 ski season will continue to be honored and can be exchanged or upgraded for a season pass that will also be valid at Canyons. The majority of all lift tickets sold at either resort will be valid at both PCMR and Canyons.
What do you think about the acquisition?