Move comes as operator of B.C.’s Whistler Blackcomb grapples with debt load

(Source: Globe and Mail)

The owner of Whistler Blackcomb, co-host of the 2010 Winter Olympics, has sold one of its Colorado ski resorts as the company grapples with a heavy debt load.

Intrawest ULC, which owns Whistler and nine other winter resorts in North America, said Tuesday it has sold Copper Mountain to Powdr Corp., based in Park City, Utah, and one of the larger ski resort operators in the United States. The price was not disclosed.

Read David Ebner’s full article “Intrawest sells Colorado ski resort” in the Globe and Mail (November 17, 2009).

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