From Ski Area Management:
Peak Resorts has entered into a definitive agreement to acquire Snow Time, Inc., which owns and operates Roundtop, Liberty, and Whitetail in Pennsylvania, for $76 million in total consideration. The transactionWhitetail Resort Peak Resorts is expected to be completed prior to the start of the 2018-19 ski season, subject to closing conditions. Upon closing, Peak Resorts’ portfolio will include 17 ski areas in the Midwest, Mid-Atlantic, and Northeast.
Peak Resorts has entered into a definitive agreement to acquire Snow Time, Inc., which owns and operates Roundtop, Liberty, and Whitetail in Pennsylvania, for $76 million in total consideration. The transactionWhitetail Resort Peak Resorts is expected to be completed prior to the start of the 2018-19 ski season, subject to closing conditions. Upon closing, Peak Resorts’ portfolio will include 17 ski areas in the Midwest, Mid-Atlantic, and Northeast.