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Stock impact report

Vail Resorts Closes on Acquisition of Crans-Montana Mountain Resort in Switzerland, the Company's Second Ski Resort in Europe [Yahoo! Finance]

Vail Resorts, Inc. (MTN) 
Last vail resorts, inc. earnings: 3/9 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
destination ski resort with a steep history as an outdoor sports haven in Switzerland and around the world. The acquisition represents Vail Resorts' second strategic investment to own and operate ski resorts in Europe Crans-Montana Mountain Resort spans over 1,400 meters (approximately 4,593 feet) of skiable vertical terrain, and 140 kilometers (approximately 87 miles) of trails. Accessible from five airports and by train, Crans-Montana Mountain Resort is in the Valais canton of Switzerland , approximately two and a half hours from Geneva and less than four hours from Milan and Zurich . The resort is two and a half hours away from the company's other owned and operated European resort in Andermatt-Sedrun. Vail Resorts acquired an 84-percent ownership stake in Remontées Mécaniques Crans Montana Aminona ( CMA) SA , which controls and operates all the resort's lifts and supporting mountain operations, including four retail and rental locations. The company acquired 100-percent of Spo Show less Read more
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