The just announced and immediate $182 million purchase of Utah’s Park City Mountain Resort (PCMR) is a win-win for skiers in Utah and across the nation. The ski resort was mired in controversy and looked likely to be closed and miss the entire 2014-15 ski season after its owners apparently failed to properly renew their lease on the slopes. “We are very pleased to bring a permanent end to this dispute and provide assurance to the guests and employees of PCMR, and to everyone in the Park City community, that they no longer have to worry about any disruption to the operation of the Resort,” said Rob Katz, chairman and chief executive officer of Vail Resorts (NYSE: MTN).

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