UPDATE: Mammoth is picking up the two Big Bear area resorts for $38 million, reports the Los Angeles Times, which notes the move "comes in the midst of a historic drought." Mammoth CEO Rusty Gregory explains to the Times, "My father used to say in business you want to do the opposite of what everyone else is doing. This does look like a questionable time to buy a ski resort operation."
|Hopefully the ownership change won't mean less of this.|
The Dick Kun ownership era at the Snow Summit and Bear Mountain ski resorts in the San Bernardino Mountains is over as the owners of Mammoth Mountain are set to acquire the properties, it was announced this morning.More »