DENVER BUSINESS JOURNAL - If the news of a pending merger by the operators of ski resorts in Aspen-Snowmass, Winter Park, Steamboat and Squaw Valley has you dreaming of a skier superpass, don't hold your breath.
A new pass encompassing all those ski areas is not anticipated, at least not for the 2017-18 season, officials say.
Many Colorado skiers are no doubt salivating about the prospects of a season pass that would cover Aspen Skiing Co.'s four resorts in the Aspen-Snowmass area as well as Winter Park and Steamboat, both operated by Denver-based Intrawest Resort Holdings Inc. (NYSE: SNOW), following Monday's news of a deal involving those companies.
The deal also involves Denver-based private equity firm KSL Capital Partners, which operates the big Squaw Valley and Alpine Meadows resorts on the California side of Lake Tahoe.
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