SACRAMENTO-KSL Capital Partners LLC is purchasing all the sharesof The Squaw Valley Development Co. This deal will be closedtowards the end of next month.
The Squaw Valley Development consists of the Village at SquawValley, Squaw Valley USA ski operations and other real estateholdings. Vail Resorts Inc. has bought Northstar-at-Tahoe Resortsituated in North Lake Tahoe for $63 million in October. KSL isplanning to invest more than $50 million to improve Squaw Valley.For the full story, go to Sacramento BusinessJournal.
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