Laurel Mountain Ski Area
Vail Resorts Closes Acquisition of Seven Springs Mountain Resort, Hidden Valley Resort and Laurel Mountain Ski Area in Pittsburgh Area
Vail Resorts, Inc. | January 3, 2022
BROOMFIELD, CO - January 3, 2021 - Vail Resorts, Inc. today announced that the Company has closed on its acquisition of Seven Springs Mountain Resort, Hidden Valley Resort and Laurel Mountain Ski Area in Pennsylvania. The Company purchased the resorts, including the ski areas, a hotel, conference center and other related operations, from Seven Springs Mountain Resort, Inc. and its affiliates for a final purchase price of approximately $118 million, including customary closing purchase price adjustments. Seven Springs, Hidden Valley and Laurel Mountain join Vail Resorts' network of now 40 resorts worldwide. Operations at the three r...
Vail Resorts to Acquire Seven Springs Mountain Resort, Hidden Valley Resort and Laurel Mountain Ski Area in Pittsburgh Area
Vail Resorts, Inc. | December 8, 2021
BROOMFIELD, CO - December 8, 2021 - Vail Resorts, Inc. announced today that it has entered into an agreement to purchase Seven Springs Mountain Resort in Pennsylvania from Seven Springs Mountain Resort, Inc. As a part of the acquisition, Vail Resorts will also acquire Hidden Valley Resort and the operations of Laurel Mountain Ski Area. The purchase price for the ski areas, plus a hotel, conference center and other related operations, is approximately $125 million, subject to certain adjustments. "We are incredibly excited to have the opportunity to add Seven Springs to our family of resorts along with Hidden Valley and Laur...
