Originally Posted by skijunkie
It's not an "affiliate", but a a business unit operating under the same umbrella...
Yes, but "Wintergames Holdings SARL and an affiliate of Intrawest" is the exact wording on paperwork filed with the SEC. On Form-8k "Steamboat Acquisition Group" (Intrawest) was identified as the second party in the transaction. Structuring the deal as it was done earned it an early termination from the required DOJ HSR anti-trust review as reported in the US Federal Register (Vol72, No. 29, Feb 07).
Any knowledge of Wintergames Holdings SARL (Luxemburg) - who are they and what other snowsports properties they are involved with? Some shell of Fortress maybe, or is there really joint ownership of Steamboat?