• Vail Resorts and Whistler Blackcomb Complete Combination

     
    POSTED November 8, 2016
     

Vail Resorts, Inc. has completed its combination with Whistler Blackcomb Holdings, Inc. As a result, Vail Resorts receives 100 percent of Whistler Blackcomb’s stock whose shareholders in turn will receive $17.50 and 0.09 shares of Vail’s stock for each Whistler Blackcomb share they hold. This makes Vail Resorts the sole owner of Whistler Blackcomb.

Vail Resorts also has appointed Michele Romanow to the board of directors at Vail Resorts. Romanow was previously on Whistler Blackcomb’s board.

The common shares of Whistler Blackcomb were removed from the Toronto Stock Exchange on Oct. 17.

“Our mission at Vail Resorts is to deliver an experience of a lifetime to our guests and our employees, and this transaction is a significant milestone in making that experience even more special,” says Rob Katz, chairman and chief executive officer of Vail Resorts. “Whistler Blackcomb is one of the most iconic mountain resorts in the world and we are tremendously excited to welcome the resort and the talented team who work there to the Vail Resorts family.”

As the spread of the novel coronavirus continues to put immense pressure on the U.S. health care system and the people who keep it running, the American Hotel and Lodging Association is working to connect hotels with health workers who are struggling to find housing.

 

With the onset of the coronavirus pandemic, most people are working from home. Many are social distancing or quarantining with their children, who have transitioned to online classes. Restaurants, bars, coffee shops, offices, stores and so much more have been temporarily shut down in many states, affecting daily life in the most unexpected of ways.

 

The Centers for Disease Control and Prevention on Sunday recommended that all gatherings of more than 50 people be cancelled or postponed for the next eight weeks, in order to prevent the spread of the novel coronavirus, COVID-19. The recommendation covers events like parades, concerts, festivals, conferences, sporting events, weddings and more.