Vail Resorts Challenging Sale of The Canyons

Vail Resorts Challenging Sale of The Canyons


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DENVER (AP) -- Vail Resorts Incorporated is offering to pay $110 million dollars for The Canyons ski area in Park City. That tops a rival offer by $10 million.

Earlier this month, American Skiing Company said it was selling The Canyons for $100 million dollars to an affiliate of Toronto-based Talisker Corp.

American Skiing Company Senior Vice President Chip Carey says the development is "interesting" but is declining to comment further until he can learn more about Vail Resorts' move.

(Copyright 2007 by The Associated Press. All Rights Reserved.)

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