Alterra Mountain Company Closes Acquisition of Arapahoe Basin, CO DENVER, CO, November 19, 2024 – Today, Alterra Mountain Company has announced closing the purchase of Arapahoe Basin in Colorado, expanding Alterra’s portfolio of unique, complementary destinations in the Rockies. “We are honored to become the stewards of Arapahoe Basin, and we are excited to welcome the team to the Alterra Mountain Company family. A-Basin is considered legendary for a […] Industry News Press Release | November 19, 2024 0 Comments
Alterra Mountain Company to Acquire Schweitzer, Idaho The new mountain addition will add to the company’s family of destinations in the Pacific Northwest Alterra Mountain Company has announced that it has entered into an agreement to purchase Idaho’s Schweitzer, further expanding its portfolio in the Pacific Northwest by joining Crystal Mountain in Washington. The addition of Schweitzer will bring the company’s portfolio to 17 year-round mountain destinations […] Industry News SnowBrains | June 1, 2023 0 Comments
The International Ski and Snowboard Federation (FIS) Has Acquired the Freeride World Tour (FWT) [arve url="https://youtu.be/cIKwP0gldlk"] SnowBrains | December 8, 2022 Likes Tweets 0 Comments
Ski Group Acquires Michigan’s Big Snow Resort With Plans to Build Connecting Lift Between Two Mountains Midwest Family Ski Resorts, the owner of the largest ski resorts in Minnesota and Wisconsin, has officially closed on acquiring Big Snow Resort in Michigan’s upper peninsula. Big Snow is comprised of the two hills of Indianhead and Blackjack ski areas. The entire operation will be renamed Snowriver Mountain Resort. This will eliminate any confusion about another ski operation with […] Industry News Brent Thomas | August 31, 2022 0 Comments
Vail Resorts Closes Acquisition of 3 Pennsylvania Ski Resorts Vail Resorts, Inc. announced that the Company has closed on its acquisition of Seven Springs Mountain Resort, Hidden Valley Resort, and Laurel Mountain Ski Area in Pennsylvania. The Company purchased the resorts, including the ski areas, a hotel, conference center, and other related operations, from Seven Springs Mountain Resort, Inc. and its affiliates for a final purchase price of approximately $118 million, […] Industry News SnowBrains | January 5, 2022 5 Comments
Mission Ridge Ski and Board Resort, WA, Completes Acquisition of Montana Ski Area Mission Ridge Ski and Board Resort, WA, announced yesterday that they will purchase Blacktail Mountain Ski Area, MT. The Blacktail ownership will transfer immediately and all the staff will be retained, reports NBC Montana. Today we are excited to jointly announce the purchase of Blacktail Mountain Ski Area by Mission Ridge Ski & Board Resort. “We are really excited to get […] Industry News SnowBrains | November 19, 2021 0 Comments
Vail Resorts’ Acquisition of Peak Resorts Gets Overwhelming Approval from Shareholders Peak Resorts, Inc. announced Friday that the Company’s shareholders, at a special meeting, approved the merger agreement for the acquisition of the Company by Vail Resorts, Inc. Under the terms of the merger agreement, Peak Resorts’ common shareholders will be entitled to receive $11.00 per share in cash at the closing of the acquisition. Related: Mount Snow, VT Investor Files […] Industry News SnowBrains | September 24, 2019 0 Comments
Vail Resorts Agrees $264-Million Deal to Acquire Peak Resorts, Owner of 17 US Ski Areas Vail Resorts, Inc today announced it has entered into a definitive merger agreement to acquire 100 percent of the outstanding stock of Peak Resorts, Inc. subject to certain conditions, including regulatory review and Peak Resorts’ shareholder approval, in a deal worth $264-million. Related: Vail Resorts Recognized as One of ‘America’s Best Employers’ for Fourth Successive Year Through the acquisition, Vail […] Industry News SnowBrains | July 22, 2019 0 Comments
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