BIG NEWS IN BIG SNOW COUNTRY AGREEMENT EXECUTED FOR THE MERGER OF INDIANHEAD AND BLACKJACK SKI RESORTS Bessemer, Michigan – June 23, 2014 – Blackjack LLC, owner of Blackjack Mountain Resort has executed a definitive agreement to acquire the assets of nearby Indianhead Mountain Resort, a combination that would combine two of the best and most well known ski resorts in the upper Midwest into a single ski and snowboard experience. “We are extremely excited about the opportunity to operate these resorts and tailor our offerings to produce the best possible ski experience to Midwest skiers,” said Barry Bolich, General Manager of Indianhead. “We already have the best snow, and together we would have the best terrain and the best runs, and the ability to offer all of this in a seamless one-ticket package,” he said. The proposed transaction is targeted to close prior by the end of July, subject to satisfactory completion of the terms of the agreement. The purchase price and terms are not being disclosed at this time. More detail will be available after closing.
Posted on: Mon, 23 Jun 2014 11:33:23 +0000