Peak Resorts

As part of their master plan approval, Mount Snow’s previous owners agreed to remove the Snow Lake dam and restore the North Branch of the Deerfield River to a natural state. File photo

Group will continue to press for lake removal

DOVER- A local conservation group has vowed to continue pressuring Vail Resorts, the new owners of Mount Snow, to honor a commitment made by previous owner Peak Resorts.
Under Mount Snow’s current Act 250 master plan, which went into effect about 10 years ago, Peak Resorts agreed to remove...

Taking a look back at the 2019 top 10 news stories in the valley

Hermitage lawsuits and bankruptcy
Vermont and Connecticut lawsuits against the Hermitage and Hermitage Club founder James Barnes dominated headlines in the first half of the year, along with Berkshire Bank’s ongoing foreclosure action. Vendors, lenders, investors,...

Pass sales up 22%

Vail announces dividend, praises Peak resorts
BROOMFIELD, CO- Vail Resorts, owner of Mount Snow, is reporting that their first quarter losses for fiscal year 2020 have fallen from last year. The company also announced a $1.76 per common share dividend.
“I am very...

Mount Snow, including its iconic clock tower building, was sold to Vail Resorts in September.

Vail-Peak merger reversal suit dismissed

NEW YORK – A lawsuit filed by a Peaks Resorts investor seeking to halt or reverse the company’s merger with Vail Resorts has been voluntarily dismissed.
The suit filed by investor Eammon Carleton in early September alleged Peak Resorts violated federal securities laws in the filing of its...

Peak Resorts sale to Vail a done deal

BROOMFIELD, CO- On Tuesday, Vail Resorts announced the company has closed on their acquisition of Peak Resorts and its 17 resorts, including Mount Snow.
The acquisition brings the total number of ski areas operated by Vail Resorts to 37 worldwide.
According to Vail Resorts...

Peak Resorts shareholders approve Vail deal

WILDWOOD, MO- Peak Resorts' shareholders approved a takeover deal with Vail Resorts at a shareholders' meeting on Friday, September 20. In a statement released on Friday, Peak Resorts said 89% of the company's outstanding shares voted in favor of the deal. In documents filed with the Securities...

Mount Snow is owned by Peak Resorts

More suits filed to stall Vail-Peaks merger vote

NEW YORK - A second Peak Resorts investor has filed a complaint in federal court seeking to halt the company’s proposed merger with Vail Resorts, unless the company discloses additional information.
The suit, filed by investor Eammon Carleton in the Southern District of New York on Friday...

Peak Resorts to be sold to Vail for $264 million

This is an updated version of an earlier story
BROOMFIELD, CO- Vail Resorts announced it has entered into a definitive merger agreement to acquire 100% of the outstanding stock of Mount Snow’s parent company, Peak Resorts Inc., at a purchase price of $11 per share, subject to certain...

BREAKING: Vail to acquire Peak Resorts for $264 million

BROOMFIELD, CO- Vail Resorts, Inc. today announced it has entered into a definitive merger agreement to acquire 100 percent of the outstanding stock of Mount Snow's parent company, Peak Resorts, Inc., at a purchase price of $11.00 per share, subject to certain conditions, including regulatory...

Peak Resorts revenues, earnings up

WILDWOOD, MO- Peak Resorts, parent company of Mount Snow, reported significant increases in revenue and skier visits over the fiscal year and the fourth quarter in SEC filings and during an investor conference call last week. Peak Resorts CEO Tim Boyd told investors the company’s revenue over the...