Colorado Mountain Express was purchased for $38.3 million in November, 2008
BROOMFIELD, COLO.— Vail Resorts, Inc. (NYSE: MTN) announced in November that it closed its transaction to acquire the resort ground transportation business, Colorado Mountain Express (CME), for a total consideration of $38.3 million, which amount will be adjusted for the final balances of certain working capital related accounts as well as the obligation of Vail Resorts to reimburse the seller for certain new capital expenditures.
Boot testers are a special breed, capable of enduring the pain of skiing in boots that don't necessarily fit, analyzing the nuances of performance and articulating their thoughts between runs. Laugh if you want, but it's hard work.
Kirkwood has long been recognized for its severe steeps and great snow (500 inches a year), and readers acknowledge that this 2,300-acre High Sierra hideaway offers "terrain for everyone," and "striking scenery."