Vail Resorts completes acquisition of Vermont’s Stowe ski area

Facebook Twitter Google+ LinkedIn Email PrintBROOMFIELD — Vail Resorts Inc. (NYSE: MTN) has closed on its acquisition of the Stowe Mountain Resort in Vermont, the company announced June 7. Vail acquired the resort from Mt. Mansfield Co. Inc., a wholly owned subsidiary of American International Group Inc. The final purchase price was $41 million, reduced from the $50 million originally announced after adjustments based on agreed-upon terms. The acquisition marks Vail Resorts’ first east coast…