US firm to take over Crans-Montana ski station
Vail Resorts is to buy the Crans-Montana ski station in a deal to be completed during the upcoming winter season.
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Vail Resorts is to buy the Crans-Montana ski station in a deal to be completed during the upcoming winter season.
Vail Resorts, Inc. (NYSE: MTN) announced today that it has entered into an agreement to acquire Crans-Montana Mountain Resort in Switzerland from CPI Property Group ("CPIPG"). Crans-Montana Mountain Resort spans over 1,400 meters (approximately 4,593 ft) of skiable vertical terrain, and 140 kilometers (approximately 87 mi) of trails. Accessible from five airports and by train, Crans-Montana Mountain Resort is located in the Valais canton of Switzerland, approximately two and a half hours from Ge
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