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Stowe Mountain on the Sales Block?

With the $85 billion bailout of AIG, Stowe is currently owned by the government. But for how long?

Two big uncertainties face Stowe Mountain Resort this winter. The obvious: Will Mother Nature deliver the white goods like it did last year? And the not so obvious: Who will ultimately own the resort?



The resort’s troubled parent company, American International Group Inc. (AIG) recently received an $85 billion loan from the Federal Reserve to help cover losses resulting from insuring mortgage-backed securities and other risky investments. To pay back the loan, AIG agreed to sell some of its assets.


New Faces at Intrawest, Telluride

News

Spring brings personnel changes to both ski resort companies.

Killington Opens to a Sea of White

News

An October blizzard hit the Northeast, dropping a foot of snow and making for the best opening day conditions for Killington in a decade.

Park City Gains World Cup Confidence

News

The likelihood of Park City hosting the World Cup opener was dubious until nearly two feet of snow covered the resort yesterday. With a natural base established and smowmakers working overtime, Park City hopes to be prepared in time for the races.

Resorts Ride Tide of Early Season Success

News

Resorts from Maine to California are abuzz with stories of fantastic early season conditions and more skier visits than the last few years. Should the trend continue, who knows what's in store for the ski industry and its patrons.

Ski Resort Workers Die in Unrelated Accidents

Travel

Two ski resort employees suffered fatal injuries over the past week in unrelated accidents in New Jersey and Colorado at time of year when families usually gather in holiday joy.

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