Vail Resorts (MTN), Whistler Blackcomb Enter Merger Agreement
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Vail Resorts and Whistler Blackcomb Agree To Strategic Combination
August 8, 2016 6:45 AM EDTVail Resorts is committed to the growth, expansion and development of the Whistler Blackcomb experience and continued investment in the community
Whistler Blackcomb will maintain its unique brand and character with strong local Canadian leadership
BROOMFIELD, CO and WHISTLER, BC, Aug. 8, 2016 /PRNewswire/ - Vail Resorts, Inc. (NYSE: MTN) ("Vail Resorts") and Whistler Blackcomb Holdings, Inc. (TSX: WB) ("Whistler Blackcomb") today announced that they have entered into a strategic business combination joining Whistler Blackcomb with Vail Resorts. Under the transaction, Vail Resorts... More
Vail Resorts and Whistler Blackcomb Agree To Strategic Combination
August 8, 2016 6:45 AM EDTBROOMFIELD, Colo. and WHISTLER, British Columbia, Aug. 8, 2016 /PRNewswire/ --Â Vail Resorts, Inc. (NYSE: MTN) ("Vail Resorts") and Whistler Blackcomb Holdings, Inc. (TSX: WB) ("Whistler Blackcomb") today announced that they have entered into a strategic business combination joining Whistler Blackcomb with Vail Resorts. Under the transaction, Vail Resorts would acquire 100 percent of the stock of Whistler Blackcomb, whose shareholders would receive C$17.50 per share in cash and 0.0975 shares of Vail Resorts common stock, for consideration having a total value of C$36.00 per share. The share... More
