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Steamboat ski resort sold to Intrawest for $265 million
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Poster:
A snowHead
Poster:
A snowHead
The American Skiing Co. announced on Tuesday that it has agreed to sell the Steamboat Ski & Resort Corp., one of the largest ski areas in the US, for $265 million
and the assumption of $4 million in debt to the Canadian resort operator Intrawest Corp.
Obviously
A snowHead
isn't a real person
Obviously
A snowHead
isn't a real person
See:
http://online.wsj.com/google_login.html?url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB116655282738054696.html%3Fmod%3Dgooglenews_wsj
Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
Here is another link:
http://www.cbc.ca/cp/business/061219/b121977A.html
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You need to
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When they buy the actual resort, what will they actually take? just the mountain and the lifts?
Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
Liam
, good question. The best answer I can give is: everything but the mountain. Basically, the mountain is probably owned by the US Forestry Commission (or is it Service?). What Intrawest will have bought is...
1. The lifts.
2. The ski school.
3. The rights of access.
4. Some of the bars/hotels/shops
5. Service charges from all the other bars/hotels/shops. (effectively run as concessions)
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