Copper Mountain = Sold; New Owner Says 'Business As Usual' For Season

Copper Mountain Sold; New Owner Says 'Business As = Usual' For=20 Season

Nov 17, 2009 Shannon Luthy, Associate = Editor=20 Comments=20 (1)

Copper Mountain sold to Powdr Corp. =

At A Glance

Where: Copper Mountain, 209 Ten Mile Circle, Copper=20 Mountain, CO 80443

Info: www.coppercolorado.com

Copper=20 Mountain in Colorado is being sold by Intrawest ULC to Powdr Corp. = The two=20 companies went into a purchase agreement Nov. 17, 2009 with the = transaction=20 expected to be completed in December. It is subject to regulatory = approvals,=20 including the issuance of a U.S. Forest Service special-use permit to = Powdr=20 Corp.

"For our resort guests, it will be business as usual and our guests = will=20 continue to enjoy all of their favorite Copper programs and amenities," = said=20 Gary Rodgers, president and chief operating officer at Copper Mountain. = "We are=20 delighted at the prospect of joining Powdr Corp. Copper Mountain is = Summit=20 County's favorite resort for skiing and riding and we see this as a very = positive step to ensure that we continue to provide the ultimate = Colorado winter=20 vacation experience.

"This winter season, Copper Mountain guests will enjoy all the = amenities and=20 programs currently in place at Copper including the Rocky Mountain Super = Pass=20 suite of products that provides skiers and riders with access to Copper=20 Mountain, Steamboat=20 Resort, and Winter=20 Park Resort," he said..

Powdr Corp is based in Park City, Utah. The company currently owns = and=20 operates seven resorts including Park=20 City Mountain Resort, Utah; Killington=20 and Pico=20 Resorts, Vt.; Mt.=20 Bachelor, Ore.; Boreal=20 and Soda=20 Springs, Calif.; and Las=20 Vegas Ski and Snowboard Resort, Nevada.

Intrawest is based in Vancouver, Canada, and owns Steamboat and = Winter Park,=20 Colo.; Blue=20 Mt., Panorama,=20 Mt.=20 Tremblant, and Whistler=20 in Canada; Snowshoe,=20 W. Va.; Stratton=20 Mt., Vt.; and Mountain=20 Creek, N.J. The company is involved in several other resort village=20 developments, as well as owning the Sandestin Resort in = Florida.

Intrawest was acquired in 2006 by Fortress Investment Group of New = York. The=20 company has acknowledged financial issues over the past few years and = the sale=20 of Copper Mt., a good asset in the center of Colorado Ski Country, had = been=20 rumored to be on the block. Powdr, already a major player in the ski = industry,=20 just upped their profile to an even higher peak.

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' + s + '

'; elm.style.display =3D 'block'; } else { s =3D s.replace(/<\/h4>/g, "\n\n"); s =3D s.replace(/
/g, "\n"); s =3D s.replace(/(<([^>]+)>)/ig,"");=20 alert(s); } } /* ///////////////////////////// =09 ///////////////////////////// */ window.onerror =3D function() { //return true; } function globalInit() { //litebox.load(); //OTS.loginReg.load(); } function addEvent(obj, evType, fn) { if (obj.addEventListener) { obj.addEventListener(evType, fn, true); return true; } else if (obj.attachEvent) { var r =3D obj.attachEvent('on' + evType, fn); return r; } else { return false; } } addEvent(window, 'load', globalInit); /* ///////////////////////////// Misc - Legacy ///////////////////////////// */ function searchBgClear(o, v) { if (v =3D=3D 1) v =3D '-20px'; o.style.backgroundPosition=3D'0 ' + v; } function MM_openBrWindow(theURL, winName, features) { window.open(theURL, winName, features); } /* ///////////////////////////// mad_dropdown_1.1.js ///////////////////////////// */ var Obj; var drop; function Suggesting(this_obj, event, value, id, d_id, url, wait_msg, = nchr, dchr, delay ) { if (!Obj) { Obj =3D new madSuggest(event, value, id, d_id, url, nchr, dchr, delay, = wait_msg); } else if (Obj.id !=3D id) { Obj =3D new madSuggest(event, value, id, d_id, url, nchr, dchr, delay, = wait_msg); } if (delay) { Obj.delay =3D delay; } Obj.doSuggest(); if (Obj.trigger =3D=3D 1) { drop =3D new DropDown(this_obj, event, '285px', 'd_results', 'keyup', = Obj.trigger); //drop.dropmenuobj.style.left =3D drop.dropmenuobj.x - = drop.clearbrowseredge("rightedge") + "px"; //drop.dropmenuobj.style.top =3D drop.dropmenuobj.y - = drop.clearbrowseredge("bottomedge") + drop.obj.offsetHeight + "px"; } return false; } function elmOff(o) { var elm =3D document.getElementById(o); if (!elm) return; elm.style.display =3D 'block'; } function elmOn(o) { var elm =3D document.getElementById(o); if (!elm) return; elm.style.display =3D "block"; } /* Ajax requester */ var req; var id; function loadHTMLDoc(url, _id, msg) { id =3D _id; var o =3D document.getElementById(id); if (o) o.innerHTML =3D msg; /* branch for native XMLHttpRequest object */ if (window.XMLHttpRequest) { req =3D new XMLHttpRequest(); req.onreadystatechange =3D processReqChange; req.open("GET", url, true); req.send(null); /* branch for IE/Windows ActiveX version */ } else if (window.ActiveXObject) { req =3D new ActiveXObject("Microsoft.XMLHTTP"); if (req) { req.onreadystatechange =3D processReqChange; req.open("GET", url, true); req.send(); } } } function processReqChange() { if (req.readyState =3D=3D 4) { if (req.status =3D=3D 200) { /*alert(req.responseText); */ var ads =3D req.responseText; =09 parseAds(ads); } else { alert("There was a problem retrieving the XML data:\n" + = req.statusText); } } } function parseAds(s) { var ads =3D s; var p =3D "000"; if (s.indexOf("adpos") > -1) { /*alert('Is here'); */ p =3D s.substring(s.indexOf("adpos") + 6, s.indexOf("adpos") + 9); } document.getElementById(id).innerHTML =3D s; } function loadHTMLDocObj(url,_id, string_message, skip) { this.id =3D _id; this.url =3D url; this.string_message =3D string_message; if (this.string_message =3D=3D ''){ this.string_message =3D 'Retrieving your request.'; }=09 if (skip !=3D 'y') { document.getElementById(this.id).innerHTML =3D this.string_message; } var _this =3D this; if (window.XMLHttpRequest) { this.req =3D new XMLHttpRequest(); } else if (window.ActiveXObject) { this.req =3D new ActiveXObject("Microsoft.XMLHTTP"); } if (this.req){ var _this =3D this; this.req.onreadystatechange =3D function() { _this.processReq(); }; this.req.open("GET", url, true); this.req.send(null); } else { return; } } loadHTMLDocObj.prototype.processReq =3D function() { if (this.req.readyState =3D=3D 4) { if (this.req.status =3D=3D 200) { /*alert(req.responseText); */ var s =3D this.req.responseText;=09 document.getElementById(this.id).innerHTML =3D s;=09 } else { document.getElementById(this.id).innerHTML =3D 'There was a = problem retrieving your request.' + req.statusText; } } } /* The POSTER */ function madbuilderPost(form, id) { this.form =3D form; this.id =3D id; this.formObj =3D eval('document.' + form);=09 this.action =3D (!this.formObj.action ? '' : this.formObj.action); this.uri =3D ''; }=20 madbuilderPost.prototype.makeGetRequest =3D function() { this.makeURI(); this.uri =3D this.action + '?' + this.uri;=20 var r =3D new loadHTMLDocObj(this.uri, this.id, '');=09 } madbuilderPost.prototype.makeURI =3D function() { var uri; for (var i =3D 0; i < this.formObj.elements.length; ++i) { if (this.formObj.elements[i].type =3D=3D 'radio' || = this.formObj.elements[i].type =3D=3D 'checkbox') { =09 if (this.formObj.elements[i].checked){ uri =3D ((i !=3D 0) ? uri + '&' : '') + = this.formObj.elements[i].name + '=3D' + this.formObj.elements[i].value; } } else { uri =3D ((i !=3D 0) ? uri + '&' : '') + this.formObj.elements[i].name = + '=3D' + this.formObj.elements[i].value; } } this.uri =3D uri; } /* The Suggester */ function update_form_field(form, name, value) { var formObj =3D document.getElementById(form); for (var i =3D 0; i < formObj.elements.length; ++i) { if (formObj.elements[i].name =3D=3D name) { formObj.elements[i].value =3D value; } } } var _mad_timer; var delay =3D 200; function clearMadSuggest() { clearTimeout(_mad_timer); } function madSuggest(pressevent, value, id, d_id, url, nchr, dchr, delay, = wait_msg) { this.url =3D url; this.trigger =3D 0; this.pressevent =3D pressevent; this.id =3D id; this.d_id =3D d_id; this.nchr =3D !nchr ? 3 : nchr; this.dchr =3D !dchr ? 0 : dchr; this.delay =3D delay; //this.wait_msg =3D !wait_msg ? 'Retrieving' : wait_msg; this.wait_msg =3D !wait_msg ? '

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