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BRIEF-Vail Resorts to acquire Stowe Mountain resort for $50 mln
February 21, 2017 / 1:40 PM / 10 months ago

BRIEF-Vail Resorts to acquire Stowe Mountain resort for $50 mln

Feb 21 (Reuters) - Vail Resorts Inc:

* Vail resorts to acquire Stowe Mountain Resort in Stowe, Vermont

* Deal for purchase price of $50 million

* Vail resorts inc - Stowe Mountain resort expected to generate incremental annual EBITDA in excess of $5 million in Vail resorts’ FY ending July 31, 2018

* Vail resorts inc - to acquire Stowe mountain resort from MT. Mansfield company, inc, a wholly owned subsidiary of AIG Source text for Eikon: Further company coverage:

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