Firm sells Wyoming ski resort

ALTA, Wyo. -- Booth Creek Ski Holdings Inc. agreed in principle to sell Grand Targhee Ski and Summer Resort in Wyoming to Booth Creek chairman George Gillett Jr. for $11 million. The sale is expected to close in May.

Booth Creek will continue to focus on developing its other seven resorts: Northstar-at-Tahoe, Sierra-at-Tahoe, on the California/Nevada border; Big Bear Mountain in California; Waterville Valley, Cranmore Mountain Resort and Loon Mountain in New Hampshire, and the Summit at Snoqualmie near Seattle.

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