Friday, 29 May 2020
Login |  Register 
Find Products or Services in your local community
MSC News National Headlines U.S Health Tech Talk World Business Sports Top Headlines
New ownership pending for Weston's Snow Creek

(KAIR)--The Weston, Missouri-based Snow Creek ski area could soon have new ownership.

That comes as Colorado-base Vail Resorts, Inc. enters into a merger agreement to acquire the holdings of the current ownership, Peak Resorts, Inc.

Snow Creek is among a total of 17 ski areas that would be acquired through what a Vail Resorts press release says is a deal estimated at $264 million.

The merger agreement was put in place last month.

The deal now awaits what the release calls “certain conditions,” including regulatory review and Peak Resorts’ shareholder approval.

After the transaction closes, Vail Resorts plans to invest approximately $15 million over the next two years in what the release calls “one-time capital spending to elevate the guest experience” at the resorts.

© Many Signals Communications
You will need to be logged in to leave a comment.
Please Login

characters left

The posting of advertisements, profanity, or personal attacks is prohibited.
Click here to review our Terms of Use.

Saturday wreck injures one
Rooftop fall leaves child hurt, mother arrested
Hiawatha man arrested following chase
Assistance sought in locating car theft suspect
Hiawatha church burglary being investigated
Motorcycle wreck leaves Atchison man injured
Virus cluster blamed for Jackson Co virus increase
Drug raid nets three
Jackson Co reports first death due to COVID-19
Hiawatha man arrested following drug bust
Active shooter among two injured on LV bridge
Atchison Mayor resigning in June
Atchison businesses targeted by thieves
Motorcycle crash leaves Valley Falls man injured
Kansas lawmakers OK barring COVID-19 suits, curbing governor
New emergency order takes effect in Nemaha Co
Local counties see new virus cases
Atchison Co confirms virus case increase
Additional candidates file for Hiawatha City Commission
Sheriff seeks vehicle break-in suspects

Click Here For All Stories

Brown Co reopening plan approved
Holt County bridge project delay
Pawnee City Council discusses wages
Peru issues drinking water advisory
Third candidate files for local magistrate judge position
Jackson Co reopening plan issued
Local counties see new virus cases
Covid-19 scam circulating in area
AG Derek Schmidt to U.S. Justice Department: Investigate pricing in beef markets
Delaware River WRAPS
Click Here For All Stories

©2020 MSC News
Hiawatha, Ks 66434
EEO Public Report
Powered by Radio Media Group