Big News at Blue Mountain today
Hot off the press, we have some bug news out of Blue Mountain today. It was announced this morning that Intrawest Resorts Holdings Inc. is buying the remaining 50 percent stake of Blue Mountain Resorts Holdings Inc. that it doesn’t already own for 58 million Canadian dollars ($52.4 million). I have not had time yet to digest what these means but my first thought is that it truly is the end of an era and must have been a gut wrenching decision for the Weider family. The Weiders are very much part of the fabric of this community and my thoughts are with them at the moment as they reflect back on the wonderful legacy and history of what their family has meant to this area. They literally changed our world.
You can read more here.
Thought IntraWest went bankrupt? And what about Silverline – thought they had bought in and were going to build another hotel and more shops? Really strange, don’t you think?
Intrawest was bought out but still has the name. I’m not sure where Skyline fits in but Intrawest has purchased the remaining Blue Mountain shares from the Weider family.