Thursday, September 11, 2014

Vail Resorts buys Park City Mountain Resort

VAIL — Vail Resorts surprised the ski industry Thursday when it announced the purchase of Park City Mountain Resort after more than three years of tense litigation. Vail’s stock surged after news of the $182.5 million deal broke — MTN was trading at more than $85 per share as of noon, up more than 11 percent from Wednesday’s $76.77 close. The deal settles litigation between Park City Mountain ...

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