Skiing Company Merger Affects Several Colorado Resorts

ASPEN, Colo. (CBS4) – Some of Colorado’s biggest ski resorts say they will merge in a new company that joins with a major hotel and entertainment group.
Steamboat Ski Resort (credit: Doug Pensinger/Getty Images)
Aspen Skiing Company is joining with KSL Partners to form a new company.
Aspen owns Aspen Mountain, Aspen Highlands, Snowmass and Buttermilk.
KSL is a private equity firm worth billions, with offices in Denver. It owns pricey travel and leisure properties.The new company will