The fellow Intrawest owned mountain, has been sold according to reports that surfaced earlier today. The new owners, PowdrCorp, are one of the leading resort owners and operators in the United States, and say that business will continue through this winter as usual. The sale is scheduled to finalize in December.
“Intrawest was acquired in 2006 by Fortress Investment Group of New York. The company has acknowledged financial issues over the past few years and the sale of Copper Mt., a good asset in the center of Colorado Ski Country, had been rumored to be on the block. Powdr, already a major player in the ski industry, just upped their profile to an even higher peak.”