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Powdr Corp buying Colorado ski resort

 (Salt Lake Tribune) Park City-based Powdr Corp has extended its skiing interests into Colorado, signing an agreement to buy Copper Mountain resort from Intrawest Corp.

No purchase price was disclosed for the Summit County resort, 75 miles west of Denver. The deal is expected to close in December, subject to Powdr Corp acquiring a special-use permit from the U.S. Forest Service.

"The acquisition of Copper Mountain represents another milestone in Powdr's strategy to provide an unparalleled on-mountain experience to its guests at premier ski and snowboard resorts," President and CEO John Cumming said in a statement. "As one of the largest ski areas in Summit County, [Colo.], Copper Mountain is a perfect addition to the Powdr Corp family."

In Summit County, Utah, Powdr Corp is the parent company of Park City Mountain Resort and Gorgoza Park, the lift-served tubing hill near Jeremy Ranch.

The company also owns Killington and Pico resorts in Vermont, Boreal and Soda Springs resorts in California, Mount Bachelor in Oregon and Las Vegas Ski and Snowboard Resort in Nevada.

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