Vail Resorts to buy Whistler Blackcomb

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Content Courtesy of Vail Resorts

Vail 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, Colo. and WHISTLER, British Columbia, 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 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 exchange ratio is based upon closing stock prices and currency exchange rates as of August 5, 2016 and is subject to a currency exchange rate adjustment, as described below.

“Combining Whistler Blackcomb with Vail Resorts’ portfolio of outstanding resorts provides Whistler Blackcomb with increased financial strength, marketing exposure, guest relationships and broadens the geographic diversity of our company with resorts across the United States, as well as in Australia andCanada. This relationship will bring greater resources to support our current operations and our ambitious growth plans, including the Renaissance project, the most exciting and transformative investment in Whistler Blackcomb’s history,” said Dave Brownlie, Whistler Blackcomb’s chief executive officer.

“Whistler Blackcomb is one of the most iconic mountain resorts in the world with an incredible history, passionate employees and a strong community. With our combined experience and expertise, together we will build upon the guest experience at Whistler Blackcomb while preserving the unique brand and character of the resort as an iconic Canadian destination for guests around the world. We are delighted to add such a renowned resort to Vail Resorts and look forward to expanding our relationships in the Sea-to-Sky community, British Columbia and Canada,” said Rob Katz, chairman and chief executive officer of Vail Resorts.

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SSF’s Favorite Hikes

Hiking in the Vail Valley is absolutely one of our favorite summertime activities. But with all the hikes to chose from, which one would we choose? Here is a list of some of Slifer Smith & Frampton’s brokers’ and staffs’ favorite hikes. The list is organized East to West – we hope you are having a spectacular summer and you can get out and enjoy some of these hikes!

Shrine Mountain, Vail Pass
Difficulty: Easy to Moderate
Round-trip Length: 4.2 miles
Elevation Gain: 645 feet

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Booth Lake, East Vail
Difficulty: High
Round-trip Length: 8.7 miles
Elevation Gain:
 3,012 feet

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Deluge Lake, East Vail
Difficulty: More Difficult
Round-trip Length: 7.6 miles
Elevation Gain:
 3,0136 feet

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Berry Picker, Vail Mountain
Difficulty: Moderate
Round-trip Length: 6.8 miles, or 3.2 miles up and take the Gondola down
Elevation Gain: 8,238-10,346 feet (depends on departing from Vail Village or Lionshead)

Click here for more information

 

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Free Summer Concerts | Vail Valley

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Here in the Vail Valley, summer is all about being outside and enjoying the “playground” that is our home. Whether your day is spent on the mountain, the river, or in town, there is no better way to end it than to kick back and enjoy a concert. Make it a free, outdoor concert, and you just might be in heaven. We have compiled a list of all the free concerts throughout the Vail Valley – because who doesn’t love free entertainment on a warm summer night??

VAIL 

Crazy Mountain Brewery’s Hot Summer Nights Concert Series
Tuesdays, June 14-August 23, Gerald R. Ford Amphitheater
A local’s favorite, the Tuesday night concerts bring out all ages – bring a blanket for the lawn or grab a seat in the covered seating area. New this year – join us for Hot Summer Happy Hour, starting at 4:30pm! Come to the amphitheater early and enjoy yard games, free music, and cheap beer from Crazy Mountain Brewery! For a full line up, visit the concert’s home page.

Bravo! Vail Free Concerts 
Various evenings, June 28-August 6, Various locations
Free music sounds extraordinary all summer long, all throughout the Vail Valley. The Bravo! Vail Season offers free, hour-long chamber music concerts at the Vail Interfaith Chapel, The Chapel at Beaver Creek, Edwards Interfaith Chapel, and locations in Gypsum and elsewhere throughout the Valley. For a full list of events, visit BravoVail.org.

Vail Summer Bluegrass Wednesdays
June 29, July 6, 13, & 20, Arrabelle at Vail Square
The Vail Summer Bluegrass Series is four free live bluegrass concerts. Each individual concert boasts national-level, award-winning talent and have proven to draw crowds from the Vail region, as well as visiting guests from around the world. To support our headlining talent, we have made it a priority to feature local and regional bands as well.

MINTURN 

Minturn Summer Concert Series Thursdays, July 7-August 25
Little Beach Park
Gather with friends to enjoy the best hidden gem in Eagle County! Minturn’s Little Beach Park offers a one-of-a-kind outdoor amphitheater experience with river side appeal. Kids can play on the near-by playground while adults meet and greet at the amphitheater.

BEAVER CREEK 

Village F.A.C. Fridays, June 24-August 26, Beaver Creek Plaza
New to Beaver Creek this summer, Beaver Creek’s “Friday Afternoon Club” will feature live music, shopping, ice skating and more! Try a bite from one of the local restaurants, or purchase a beverage and soak up the summer sun at the all-new Plaza Pavilion, located at the west end of the Beaver Creek ice rink.

Beaver Creek Music Experience Wednesdays, June 29-August 10
Creekside Park
Warm up for your free concert in Beaver Creek with Free Yoga at the base of the Bunkaroo Gondola, then heard over to experience American Roots Music with a Rocky Mountain backdrop! Grab your blankets and lawn chairs and join us Wednesday evenings at 6:00pm in beautiful Creekside Park, located just below the main village. Live music is free for all guests. Food and beverage will be available for purchase.

AVON

Friday Afternoon Club Fridays, June 24-September 9
Maya @ Westin Riverfront Resort & Spa
Maya’s popular Friday Afternoon Club returns for the summer season on June 24th! The Maya terrace opens at 5 p.m., with the live music starting at 6 p.m. Enjoy $3 tacos, $4 beers, $6 margaritas and $7 premium spirits all while watching another gorgeous Vail Valley sunset.

Avon LIVE! Summer Concert Series Wednesdays August, Nottingham Park
The Avon Live! Summer Concert Series returns in August offering four exceptional evenings of live music! The Wednesday evening music series is quickly becoming tradition and features award winning national talent and provides the community an opportunity to come together and experience music, fresh and unique foods from food-trucks and enjoy a summer evening outside.

EDWARDS

Riverwalk First Fridays Concert Series
First Fridays of July, August, and September, the Back Yard in Riverwalk Riverwalk First Fridays is back in 2016, bringing the residents and businesses of the mid-valley communities together to enjoy live music from Colorado’s greatest jazz artists, paired with tasty fare and refreshing beverages from the valley’s most celebrated purveyors. Local vendors and merchants will line the scenic riverside promenade, and special activities for families and children will be offered throughout the summer.

EAGLE

ShowDown Town Thursdays, June 30-August 11, Eagle Town Park
The Town of Eagle and Bonfire Brewing presents this popular weekly event with the free music supplemented by a host of kids’ activities to keep the whole family entertained! Picnics are welcome for these laid-back community inspired evenings.