WCAX.COM Local Vermont News, Weather and Sports-Intrawest selling Colo.'s Copper Mountain to Powdr
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Associated Press - November 18, 2009 3:15 PM ET
KILLINGTON, Vt. (AP) - Powdr Corp., the owner of the Killington ski resort, plans to buy Copper Mountain ski resort in Colorado.
Copper's owner, Intrawest ULC, based in Vancouver, British Columbia, says it has reached a definitive deal with Powdr but the sale still needs approval from the U.S. Forest Service and federal regulators.
At least some of Copper Mountain's terrain is leased from the Forest Service.
Intrawest says the sale is expected to close in December.
Powdr Corp., based in Salt Lake City, owns eight resorts including Park City in Utah, Mount Bachelor in Oregon and Boreal Mountain in Nevada.
On the Net:
Intrawest ULC: http://www.intrawest.com/about-us/index.htm
Powdr Corp.: http://www.powdr.com/site/corporate-vision/our(underscore)properties/index. html
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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