Vail Resorts Announces Acquisition

Vail Resorts has announced that they have entered a merger to acquire all the stock of Peak Resorts. The acquisition means that Vail is adding 17 ski resorts to their network including Attitash, Wildcat, and Crotched Mountains. Chairman and Chief Executive of Vail Resorts said in the press release, “We’re thrilled to welcome the resorts and their employees into the Vail Resorts family and invest in their continued success.” In the same release President and Chief Executive Officer of Peak Resorts, Timothy Boyd said, “Vail Resorts has a proven track record of celebrating the unique identity of its resorts, while continually investing in the guest and employee experience. For this reason, we are confident that our resorts and employees will continue to thrive within the Vail Resorts network.” If or when the merger is completed, Vail’s epic passes will include access to all the newly acquired ski resorts as well as their previously owned ones.