BETHEL, Maine. -- American Skiing Co. signed an agreement to sell
its Steamboat Springs ski resort in Colorado to a group of
investors led by Tim and Diane Mueller.
The Muellers also own the Okemo Mountain Resort in Vermont and
operate the Mount Sunapee Resort in New Hampshire.
The acquisition price was $91.4 million.
The Steamboat Grand Resort Hotel and Conference Center, owned by
American Skiing, was not included in the sale, and is expected to
be completed in March.