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11.07.2018 13:20
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DENVER -- The largest resort operator in North America is buying the continents biggest ski area, the site of the 2010 Winter Olympics.Vail Resorts Inc. announced Monday that it was purchasing Whistler Blackcomb Holdings Inc., the Canadian ski resort company, for $1.06 billion, adding to its aggressive expansion.Located in British Columbia, Whistler Blackcomb is the largest and most visited ski resort in North America. Colorados Vail is frequently the most visited ski resort in the U.S.Two years ago, Vail Resorts bought Utahs Park City Mountain Resort for $182.5 million and merged it with a neighboring resort. It operates nine mountain resorts and two ski areas in the U.S. and Australia.The new deal is expected to close in the fall.Whistler Blackcomb is one of the most iconic mountain resorts in the world with an incredible history, passionate employees and a strong community, Vail Resorts CEO Rob Katz said in a statement.Shares of Whistler Blackcomb rose above $27.36 ($36 Canadian) each in Toronto. In New York, Vail Resorts stock also was trading at the highest rate in at least a decade, reaching about $154 per share midday.Under the transaction, Vail Resorts would acquire all the stock of Whistler Blackcomb, whose shareholders would receive $13.30 (Canadian $17.50) per share in cash and 0.0975 share of Vail Resorts common stock, for a total value of $27.36 (Canadian $36) per share.This relationship will bring greater resources to support our current operations and our ambitious growth plans, Whistler CEO Dave Brownlie said in a statement.Brownlie will stay on as Whistler Blackcombs chief operating officer and will become a member of the senior leadership team of Vail Resorts mountain division, the companies said.Vail Resorts intends to retain the vast majority of Whistler Blackcomb employees, while only impacting a few select areas where there may be duplication in corporate functions, the companies said.Whistler Blackcomb will honor the resorts existing season passes. Vail Resorts plans to integrate Whistler into its Epic Season Pass for the 2017-18 winter season.In addition to Vail and Park City, Vail Resorts operates Colorados Breckenridge, Beaver Creek and Keystone ski resorts. In California, Vail operates Heavenly, Northstar and Kirkwood ski areas. It also has ski resorts in Michigan, Minnesota and Wisconsin. Cheap Bulls Jerseys Authentic . Kozun faked to the forehand and beat Monsters starter, Calvin Pickard, pad side in the second round for the winner. Spencer Abbott also scored in the shootout for the Marlies (25-13-4). Bulls Jerseys China .C. -- Todd Fiddler scored a hat trick, including the overtime goal, as the Prince George Cougars survived an 8-7 win against the Kamloops Blazers in Western Hockey League play Sunday. http://www.wholesalebullsjerseys.com/chandler-hutchison-jersey/ . -- Damian Lillard and LaMarcus Alrdridge were again the go-to duo for the Trail Blazers against the Kings. Wholesale Bulls Jerseys Free Shipping . The Masters champion and winner of last weeks Australian PGA has a three-round total of 14-under 199 at Royal Melbourne. "Im in a really good position for tomorrow," Scott said. Cheap Bulls Jerseys For Sale . PETERSBURG, Fla. TERRE HAUTE, Ind. -- Jacob Warner intercepted a pass in the second overtime to give South Dakota a 33-30 victory over Indiana State 33-30 on Saturday.Miles Bergner, who kicked four field goals, connected for a 41-yarder in the second overtime before the Sycamores got possession, only to lose on a trick play when wide receiver Kelvin Cooks pass was picked off.The Sycamores (3-4, 1/3 Missouri Valley) scored on Isaac Harkers 23-yard pass to Miles Thompson with 1:59 left in regulation then tied the game on Jerry Nunezs 42-yard field goal with 112 seconds remaining.ddddddddddddRyan Saeger, who came in for Coyotes (3-3, 2-1) starter Chris Streveler in the third quarter, threw a 3-yard touchdown pass to Drew Potter for a 27-17 lead.Harker was 24 of 40 for 325 yards, three touchdowns and an interception. Miles Thompson caught eight passes for a career-best 152 yards and two scores. Roland Genesy added 109 yards rushing but the Sycamores had four turnovers. Wholesale Jerseys 2020 Cheap NFL Jerseys Throwback Wholesale Jerseys Wholesale Jerseys China Cheap NFL Hoodies Wholesale Black NFL Jerseys Discount Jerseys ' ' '

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