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September 12, 2014
SALT LAKE CITY (AP) — One of Utah's largest ski areas was sold to Vail Resorts Inc. Thursday, resolving a legal battle between two ski titans and paving the way for the creation of what could be the country's largest resort.
The $182.5 million deal, effective immediately, gives Vail the base area and parking lot at Park City Mountain Resort, as well as lifts and snowmaking equipment. The Colorado-based company is already leasing the upper 3,000 acres of slopes, but couldn't use them without the base area owned by Powdr Corp.
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