Vail Resorts to Acquire Peak Resorts, Owner Of 17 U.S. Ski Areas

A great powder day at Mount Snow, part of Peak Resorts.Vail Resorts to Acquire Peak Resorts, Owner Of 17 U.S. Ski Areas

Vail Resorts to Acquire Peak Resorts, Owner Of 17 U.S. Ski Areas

Vail Resorts, Inc. (NYSE: MTN) today announced it has entered into a definitive merger agreement to acquire 100 percent of the outstanding stock of Peak Resorts, Inc. (NASDAQ: SKIS) at a purchase price of $11.00 per share, subject to certain conditions, including regulatory review and Peak Resorts’ shareholder approval.

Liberty Mountain. Photo: Peak Resorts. Vail Resorts to Acquire Peak Resorts, Owner Of 17 U.S. Ski Areas
Liberty Mountain. Photo: Peak Resorts. Vail Resorts to Acquire Peak Resorts, Owner Of 17 U.S. Ski Areas

Through the acquisition, Vail Resorts will add 17 U.S. ski areas to its network of world-class resorts. Located near major metropolitan areas, including New York, Boston, Washington, D.C., Baltimore, Philadelphia, Cleveland, Columbus, St. Louis, Kansas City and Louisville, the resorts include:

  • Mount Snow in Vermont
  • Hunter Mountain in New York
  • Attitash Mountain ResortWildcat Mountain and Crotched Mountain in New Hampshire
  • Liberty Mountain ResortRoundtop Mountain ResortWhitetail ResortJack Frost and Big Boulder in Pennsylvania
  • Alpine ValleyBoston MillsBrandywine and Mad River Mountain in Ohio
  • Hidden Valley and Snow Creek in Missouri
  • Paoli Peaks in Indiana

Continue reading “Vail Resorts to Acquire Peak Resorts, Owner Of 17 U.S. Ski Areas”