APNewsBreak: Squaw Valley announces ski merger
Monday, September 26, 2011
SACRAMENTO, Calif. (AP) -- Squaw Valley USA and neighboring Alpine Meadows are combining operations, a move that comes as the Lake Tahoe area considers making a bid for a future Winter Olympics.
The neighboring resorts in North Lake Tahoe are expected to make the formal announcement Tuesday. Under the merger, Squaw Valley and Alpine Meadows will retain their identities but be run by a new parent company called Squaw Valley Ski Holdings LLC.
Squaw Valley president and CEO Andy Wirth tells The Associated Press that guests will be able to access more than 6,000 acres of skiing, providing "more value, more terrain, more variety."
He says there are no plans under way to connect the resorts because the common ridgeline between them is owned separately, but says such a vision "doesn't escape us."