Rumor is that $182M is the price for world class skiing. Not 2 days after they agreed to pay a bond for a dispute between the two, PCMR has opted to sell.
Vails press release looks like this:
Vail Resorts Acquires Park City Mountain Resort in Park City, Utah
-- Acquisition settles all litigation and ensures no disruption to future resort operations
-- Park City Mountain Resort will be added to the Epic Pass for the 2014-2015 ski season
-- Company intends to connect PCMR and Canyons for the 2015-2016 ski season to create the largest single ski resort in the United States with 7,000 skiable acres, subject to regulatory approvals
BROOMFIELD, Colo., Sept. 11, 2014 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today announced that the Company has…