Four!th Intrawest asset to be sold.
I know, I know, you are sitting there all like, ‘Is it WhistlerBlackcomb’s turn to be sold?’. Not yet. But, in the meantime, …
“Intrawest ULC says it has an agreement to sell its interests in Florida’s Sandestin Golf and Beach Resort, the fourth recent asset sale by the company as Intrawest’s parent deals with its heavy debt load”(*1).
The other recent asset sales include: Squaw Valley ski resort in California, Panorama Mountain resort in Invermere, B.C., and Colorado Copper Mountain resort in November.
Sources :
1. Intrawest to sell Sandestin golf, beach resort, Globe and Mail, Feb. 9, 2010