Deal snapshot: Vail Resorts Closes Acquisition of Majority Stake in and Operate Swiss Resort Andermatt-Sedrun Sport.
MANews-(C)2009-2022
US-based mountain resort operator Vail Resorts, Inc. (NYSE: MTN) has closed the acquisition of a majority stake in Switzerland-based ski resort operator Andermatt-Sedrun Sport AG from Andermatt Swiss Alps AG, marking the company's first strategic investment in, and opportunity to operate, a ski resort in Europe, the company said.
Andermatt-Sedrun is a renowned destination ski...
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