The long-awaited sale of The Canyons ski resort in Utah has finally gone through. The resort was bought for $123 million on Monday by Talisker Canyons Finance Co. LLC, a subsidiary of the Toronto-based real estate development and investment company Talisker Corp. The Canyons Resort was the final vestige of the American Skiing Co. empire. ...Talisker is also assuming responsibility for pending litigation in which Canyon resort's former owner, Wolf Mountain, contends it should regain the property because American Skiing Co. defaulted on a lease. That trial is projected to take place early next year in Park City's 3rd District Court.
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http://www.sltrib.com/ci_9753103