We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Ski Resort Operator Intrawest Taken Private In $1.5B Deal

Law360, New York (April 10, 2017, 3:40 PM EDT) -- Aspen Skiing Co. LLC and KSL Capital Partners LLC have agreed to buy North American mountain resort and adventure company Intrawest Resorts Holdings Inc. in a deal worth roughly $1.5 billion, including debt, the companies said on Monday.

Under the terms of the deal, Intrawest stockholders will receive $23.75 in cash per share, with the company technically being acquired by a newly formed entity controlled by affiliates of Aspen Skiing and KSL Capital, according to a statement. The name of the entity was not disclosed. That...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.