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American Skiing Company finally finds an investment partner.
Although revenues are up so are losses at the ski resort conglomerate, as of the six-month period ended Jan. 30.
The American Skiing Company based in Bethel, ME announced plans to sell Steamboat Ski Resort in Colorado to reduce the company's debt and operating costs.
One of Vermont's premiere resorts will change hands this fall if a deal announced Monday goes through.
News from around the East.
Sunday River is not the highest mountain in the East, but it may be the widest. What it lacks in vertical rise is more than compensated for by eight sprawling peaks and a surprising variety of trails spilling down 1,200 vertical feet.
Property transactions for September 1998.
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