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News News Aug 31, Swiss media outlets are reporting that Vail Resorts is interested in purchasing more ski resorts in the country, with the Flims Laax Falera ski resort topping the list. Blick quoted Pierre Besson, the head of the Magic Mountains Cooperation in Switzerland, as saying a takeover of several ski areas, which are not currently for sale, would be possible without cooperation from those ski areas. Vail Resorts has not issued any comment on the matter, with a spokesperson saying the company does not comment on speculation or rumor. But the company, in recent years, has been straightforward about its goals to acquire more ski resorts in Europe. Some investors reacted to the news on Friday, with Vail Resorts analyst Patrick Scholes of Truist Securities saying he believes Vail Resorts has the financial flexibility for a potential cash acquisition, but it could also water down earnings in the short term. Scholes said he has not been able to get any comment from Vail Resorts on the matter, but would not be surprised if Vail Resorts was indeed interested in acquiring Flims Laax Falera. Oct 2, Oct 18, Sep 20, Oct 14, Oct 17, Your financial contribution supports our efforts to deliver quality, locally relevant journalism. Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference. E-Edition Submissions Advertise Place an ad. Swiss media reports Vail Resorts pursuing more acquisitions in Europe The ski giant, in recent years, has been straightforward about its goals to acquire more ski resorts in Europe News News Aug 31, John LaConte Vail Daily. Trending - News. Local ski resorts gear up for winter season with exciting updates Oct 18, Winter weather predictions: what to expect for Tahoe in Sep 20, Celebrating a century: the life of George Edmondson Oct 17, Support Local Journalism Donate.

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