Want to own a ski area?
Utah's Wolf Creek ski area up for auction on Friday
Inconsistent conditions have bestowed economic difficulties on ski resorts across the country. Wolf Creek, Utah, some 50 miles north of Salt Lake City, has struggled to survive since filing for bankruptcy two years ago. On Friday, June 1, the 3,000-acre complex will be sold at auction.
Wolf Creek filed for Chapter 11 protection after amassing $20 million in debt. The owners decided auctioning it off was the best plan. "We've gotten to a point where we're needing closure, ...
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