Intrawest selling Colo.'s Copper Mountain to Powdr

Intrawest selling Colo.'s Copper Mountain to Powdr

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BRECKENRIDGE, Colo. (AP) -- Intrawest ULC has agreed to sell its Copper Mountain ski resort in Colorado to Powdr Corp.

Intrawest, based in Vancouver, British Columbia, said Tuesday it has reached a definitive deal with Powdr but the sale still needs approval from the U.S. Forest Service and federal regulators.

At least some of Copper Mountain's terrain is leased from the Forest Service.

Intrawest says the sale is expected to close in December.

Powdr Corp., based in Salt Lake City, owns eight other resorts: Park City and Gorgoza Park in Utah, Killington and Pico Mountain in Vermont, Mount Bachelor in Oregon, Boreal Mountain and Soda Springs in California and Las Vegas Ski and Snowboard in Nevada.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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