If there was one chink in Vail Resorts’ portfolio armor, it was the densely populated and lucrative east coast market. But that all changed on Tuesday (February 21), when the company announced its acquisition of what many skiers consider the east’s premier mountain, Stowe Mountain Resort. The purchase does not include other facilities such as the Stowe Mountain Lodge and Stowe Country Club. “We’re thrilled to add Stowe Mountain Resort to our family of world-class mountain resorts. Operations will be unchanged for the remainder of the 2016-17 ski season, and Vail will integrate Stowe into its Epic Pass and other season pass products for the 2017-18 winter season.

Source: Forbes February 22, 2017 23:44 UTC