Vail Resorts to buy Vermont's Stowe Mountain ski resort (AP) — Colorado-based Vail Resorts will pay $50 million to acquire Stowe Mountain Resort, one of Vermont's most venerable ski resorts, the companies announced Tuesday. Vail would acquire all of Stowe resort's mountain operations, including skier services, such as food and beverage facilities and rental and lift offices on Mount Mansfield and nearby Spruce Peak. The Stowe resort, now owned by the Mount Mansfield Co., a wholly owned subsidiary of the American International Group, Inc., would retain ownership of several other facilities, including the Stowe Mountain Lodge, the Stowe Mountain Club, the Stowe Country Club and other real estate.
Comment on Vail Resorts to buy Vermont's Stowe Mountain ski resort
By WILSON RING, Associated Press, Seattle Post-Intelligencer: Living
Tue, 02/21/2017 - 5:09pm
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