Vail Resorts Completes Purchase of Two Urban Ski Areas in Midwest

by Benzinga Staff
December 18, 2012 12:53 PM | 1 min read | Make a Comment

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Vail Resorts, Inc. (NYSE: MTN) today announced that the Company has closed on its acquisition of twopremier urban ski areas in the Midwest, Afton Alps in Minnesota and MountBrighton in Michigan, for total cash consideration of $20 million. Both skiareas serve major snow sports markets in the Midwest with more than 468,000active skiers and snowboarders in the nearby Minneapolis-St. Paul and Detroitmetropolitan areas. Vail Resorts plans to upgrade and enhance the guestexperience at each ski area and create opportunities to connect guests fromeach of these ski areas to its seven world-class resorts in Colorado and LakeTahoe through season pass and other lift ticket products.

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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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