Vail Resorts Inc. agreed to buy Kirkwood Mountain Resort for $18 million.
Effective immediately, pass holders from Heavenly Ski Resort and Northstar California will be able to ski at Kirkwood, and vice versa. Kirkwood is about 35 miles south of South Lake Tahoe.
The deal also includes land zoned for both residential and commercial development around the base of the resort, although the seller will keep some of the land in the area and will also keep a “participation interest” in the other parcels...
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