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Thread: Stowe For Sale

  1. #1

    Join Date
    Nov 2005
    Location
    Arlington, MA
    Posts
    265

    Stowe For Sale

    From today's Boston Globe...

    http://www.boston.com/business/artic...stPop_Emailed2

    Can't say that I'm surprised by this move.

  2. #2
    Article in the Burlington Free Press today too: http://www.burlingtonfreepress.com/a...INESS/90514001 . Definitely not really news around here, but now it's official. I wonder who the potential buyers are... whoever it is, they're going to get a damn good deal.
    Ithaca is (not) Vermont (but it is gorges)

  3. #3
    One well known potential buyer: Hank Greenburg.

  4. #4
    Maybe Summit Ventures can buy it. I'm picturing a super high speed gondola connecting sugarbush and stowe, or perhaps a monorail. Yea, a monorail would be sweet.


  5. #5
    Win is saving hte money for the monorail and using it on the teleporters.

    "Dammit Jim! I'm a lift op; not a teleportation technician!"



    Sorry... The new Star Trek movie has me all excited.


    Not enough to actually see it, but enough to mention it here.
    .
    Two roads diverged in a wood,

    and I- I took the one less traveled by,


    And that has made all the difference.

  6. #6

    Duh...this is the perfect opportunity to sell...

    ...Stowe via raffle ! Tickets $1 each...

    As taxpayers, we already kinda sorta own it, right....at least that's how I understand it. And it's DEFINITELY a toxic assett....

    Can a Les Otten venture (Stowked Partners LLC ?) be far behind.....

    And at least the new owners will have the opportunity to bulldoze and contour those too steep headwalls and twisty trails....

  7. #7

    Join Date
    Dec 2007
    Location
    Montpeculiar VT
    Posts
    161
    Ralcorp/RAH today disclosed the sale of 3.5 mln shares on Vail Resorts/MTN for proceeds of approx $100 mln....

    they also raised 100mln in debt earlier this month...

    contender?
    I'm from Vermont and I ski where I want.

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