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Vail Resorts Gives Up Hunt for The Canyons

Vail Resorts Gives Up Hunt for The Canyons

[ Tue, 2009-10-27 08:12 ]
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The Canyons Resort on a bluebird day
Resort world's big poppa no longer seeking control of Utah's biggest ski mountain

 

Looks like Vail Resorts is giving up its hunt of The Canyons resort in Park City, Utah. Vail had argued in a 2007 court filing that American Skiing Company, The Canyons' onetime owner, had agreed to sell the 3,700-acre resort to Vail; instead ASC sold it to Toronto-based Talisker Corporation. In another court filing last week, Vail signaled it is dismissing ASC from the 2007 suit, and stated that it is no longer seeking control of The Canyons -- though it left open the option of seeking monetary damages against Talisker. ASC dissolved in 2007, undergoing a massive fire sale of its resorts, including Mount Snow, in Vermont, Attitash in New Hampshire, and Sunday River and Sugarloaf in Maine; Vail Resorts has long sought a foothold in Utah. 

 

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