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February 22, 2012
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Kirkwood sells to Vail Resorts

Kirkwood Mountain Resort announced today that it has agreed to sell its ski resort operations to Vail Resorts. The purchase includes Vail's acquisition of selected base village commercial development opportunities in the Mountain Village at Kirkwood. Kirkwood's shareholders will retain 100% of the remaining real estate development parcels in the Kirkwood base area including the single family subdivisions in The Palisades and Martin Point and the future village development projects in East Village and Timber Creek, as well as an economic interest in Vail's village project.

Kirkwood Mountain Resort chairman, former Ambassador Charles Cobb, commented, "We are extremely pleased to …

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The Record Courier Updated Feb 23, 2012 11:05AM Published Feb 22, 2012 11:11AM Copyright 2012 The Record Courier. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.