peak resorts

Here Are All 40 Ski Resorts That Vail Resorts Owns/Operates

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Vail Resorts has unprecedented influence over the ski industry. It has been controversial in the ski industry at times and has received praise amongst the business community for its organizational structures. Once the acquisition of Seven Springs Mountain Resort, Inc, Hidden Valley Resort, and Laurel Mountain Ski Area is completed this winter, Vail will own or operate 40 ski resorts in […]
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Vail Resorts’ Acquisition of Peak Resorts Gets Overwhelming Approval from Shareholders

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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 […]
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Mount Snow, VT Investor Files Federal Lawsuit to Prevent Vail Resorts Acquiring Peak Resorts

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An investor in Vermont resort Mount Snow’s parent company, Peak Resorts, wants to stop a vote on whether to merge with Vail Resorts unless more information is disclosed. Related: Vail Resorts Agrees $264-Million Deal to Acquire Peak Resorts, Owner of 17 US Ski Areas The Brattleboro Reformer reports that the lawsuit accuses Peaks Resorts executives and directors of violating securities […]
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Vail Resorts Agrees $264-Million Deal to Acquire Peak Resorts, Owner of 17 US Ski Areas

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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 […]
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Midwest and Northeast Operator ‘Peak Resorts’ to Acquire Three PA Resorts in $76-Million Deal

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Peak Resorts, the Missouri based owner of 14 midwest and northeast ski resorts today announced that it will be purchasing Snow Time, owner of 3 Pennsylvanian resorts, for $76-million. The three resorts, Liberty Mountain, Roundtop Mountain, and Whitetail resort are all within driving distance of the Baltimore-Washington D.C. area, and will immediately join the ‘Peak Pass‘ for the upcoming 2018/19 […]
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Peak Resorts Will Buy Hunter Mountain, NY for $37 Million

Peak Resorts just announced yesterday that they will be acquiring Hunter Mountain ski area in New York for $36.8 million.  Hunter Mountain brings in $27 million in annual (unaudited) revenue. “Hunter Mountain, under the stewardship of the Slutzky families, has become one of the iconic ski resorts in the Northeastern United States. Its reputation as one of the premier snowmaking […]
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