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Vail Resorts To Acquire Stowe Mountain Resort In Stowe Vermont



Snowboarding News | Tuesday February 21, 2017 | Shared By: Heavenly Mountain Resort

Vail Resorts, Inc. (NYSE: MTN) today announced that on Feb. 17, 2017, it entered an agreement to acquire Stowe Mountain Resort from Mt. Mansfield Company, Inc. (MMC), a wholly owned subsidiary of American International Group, Inc. (AIG), for a purchase price of $50 million, subject to certain adjustments.

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