This Week in History October 31 - November 6
Fri, 11/01/2024 - 11:26am
Editor
10 years ago:
Peak Resorts, owner of Mount Snow and 12 other ski resorts, filed an initial public offering (IPO) with the Federal Securities and Exchange Commission. The company planned to raise up to $100 million through the sale of stock. The company boasted revenue of $105 million in their 2014 fiscal year. Mount Snow, the company’s largest resort, was responsible for $41.3 million of their total sales revenue – more than 39%. The company planned to use the revenue raised through the IPO for upgrades including new snowmaking apparatus at Mount Snow.