Steamboat Springs, CO -
Yesterday, Aspen Skiing Company, along with private equity firm KSL Capital Partners, announced the acquisition of Intrawest (NYSE: SNOW), owner of Steamboat Resort for $1.5 billion from Fortress. Read the full press release here.
Colorado Group Realty is following this news closely to help you understand what this means for Steamboat real estate, our community, and you.
Here’s some added information about the acquisition:
What is the deal?
Aspen Skiing Co., in partnership with KSL, paid $1.5B for Fortresses stake in Intrawest. The deal is expected to officially close end of Q3 2017. Intrawest stock price has spiked over the last few months with rumors of some deal happening. This deal makes sense on…