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mtsnow123 said:My buddy said the $50 million is a typo, should be $500 million.
My buddy said the $50 million is a typo, should be $500 million.
That would be some typo - considering it is on their announcement: http://news.vailresorts.com/corporate/vailresorts/resort-news/vail-resorts-stowe.htm
The sale does not include the real estate i.e. Stowe Mt Lodge, Stowe Mt Club, Stowe Mt. Country Club etc.
It has hit the insurance trade press IBA via Bloomberg.
It has hit the insurance trade press IBA via Bloomberg.http://www.insurancebusinessmag.com/us/news/breaking-news/like-a-ski-resort-this-major-insurer-is-selling-one-60645.aspx
50 Million is correct.. Vail get ski use buildings & AIG(though Destination) keeps the hotel, club, retail space at Spruce, golf course& real estate.
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