Hidden Valley Owners Buy Pennsylvania Ski Resort
Peak Resorts representatives of Wildwood announced the $9 million purchase of Jack Frost Mountain and Big Boulder Resorts in the Pocono Mountains. Peak leased and operated this ski area since 2005.
Peak Resorts representatives of Wildwood announced the $9 million purchase of Jack Frost Mountain and Big Boulder Resorts in the Pocono Mountains. Peak leased and operated this ski area since 2005.
Thursday's plans by Peak Resorts, Inc., for an initial public offering (IPO) were put on hold. The company owns Wildwood-based Hidden Valley Ski Resort and eight other resorts throughout the United States.
Peak Resorts Inc., owners of Wildwood-based Hidden Valley ski area, scheduled an $85 million initial public offering with a market capitalization of $153 million for Thursday, according to industry analysts.