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Vail Resorts buys Kirkwood

Vail Resorts acquires Tahoe-area ski resort for $18 million

Updated: February 22, 2012, 7:59 PM ET
By Colin Bane | ESPN.com

Vail Resorts announced on Wednesday that it has purchased Kirkwood Mountain Resort at Lake Tahoe, Calif. for approximately $18 million and expects to close the deal within the month, adding to a list of Tahoe ski resort properties that also includes Heavenly Mountain Resort and Northstar-At-Tahoe.

"Kirkwood is a gem: It's one of those really unique ski properties that has a lot of passion and a lot of history around it and a great locals' mountain kind of vibe that's really ...

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