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The owners of Okemo Mountain, VT announced they will purchase Steamboat Resort, CO.
Ludlow gave Okemo the green light on its proposed Jackson Gore expansion, but the ski area must now go before the state of Vermont for approval.
American Skiing Co. backed out of a deal to sell the Steamboat Ski Area on Tuesday and agreed instead to sell Lake Tahoe's Heavenly Ski Resort to Vail Resorts for $102 million.
In the 20 months since Okemo submitted expansion plans which drew fire from state officials, changes have been made that shouldmitigate almost all of the commission's concerns.
The owners of Okemo Mountain Resort announced that the purchase of Crested Butte Ski Resort in Colorado from the Callaway and Walton families and it subsidiaries is now final.
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