The $182.5 million acquisition ends the PCMR legal battle and will combine Park City's two biggest resorts.
Perhaps the biggest question facing the U.S. ski industry this year just got answered: Vail Resorts purchased Park City Mountain Resort Thursday for $182.5 million, ending a protracted legal battle that went white hot at the end of the 2011 season.
Court ruling could give Vail Resorts control over both PCMR and Canyons. Powdr Corp. vows to continue to battle.
Park City Mountain Resort could be forced to cease operations following a Wednesday court ruling. Or Vail Resorts could be running the Utah resort. Or it could be somewhere in between. The future is that unclear.