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Alterra finalizes acquisition of Arapahoe Basin after antitrust review ...Middle East
Alterra Mountain Co. on Tuesday said it had closed on its acquisition of Arapahoe Basin. The $105 million deal, which was first announced in February, closed after an investigation from the U.S. Department of Justice. Alterra Mountain now operates 17 ski areas — including Winter Park and Steamboat — and two helicopter skiing operations in Canada. The purchase will not change Ikon Pass access to the 1,428-acre Arapahoe Basin, which is limited to 5-7 days. Alan Henceroth, who started as ski patrol director at Arapahoe Basin in 1988 and has served as chief operating officer since 2005, will remain at the helm of the ski area everyone calls The Legend. “Our community at Arapahoe B
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