Vail, partner to buy Grand Teton

VAIL, Colo. -- Vail Resorts contracted with Richmond, Va.-based CSX Corp. to acquire the Grand Teton Lodge Co., which operates Jenny Lake Lodge, Jackson Lake Lodge and Colter Bay Village in the Grand Teton National Park in Jackson Hole, Wyo.

The transaction is set to be completed this summer, pending National Park Service approval. The purchase also would include the Jackson Hole Golf & Tennis Club and about 30 acres of undeveloped land.

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