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PARK CITY, Utah (AP) -- Toronto-based resort operator Talisker Corp. says it's the new owner of The Canyons ski area.
Talisker Chairman Jack Bistricer announced the purchase of the 3,700-acre resort in a statement. He didn't say how much Talisker paid, but the company offered $100 million last July.
Talisker is a luxury resort club operator that has invested heavily in lodging at Deer Valley, another Park City resort.
Park City-based American Skiing Co., which owned 10 ski areas as recently as 2001, said it was going out of business with the sale of The Canyons. The company has disconnected its phone lines and couldn't be reached on Tuesday.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
