Indianhead Mountain Plans to Buy Powderhorn & Blackjack Ski Resorts!

Indianhead Mountain Resort has just issued a major press release regarding their intention to purchase Powderhorn and Blackjack Ski Resorts!!!!

Letters of intent have been executed for the merger of Indianhead, Big Powderhorn and Blackjack Ski Resorts.

The letters of intent are for the owner of Indianhead to acquire the assets of nearby Big Powderhorn and Blackjack ski resorts, a combination that would combine three of the best and most well known ski resorts in the upper Midwest into a single resort. "We are extrememly excited about the opportunity to operate these resorts to the best advantage as a single business, and tailoring our offerings to produce the best possible ski experience to Midwest skiers," said Barry Bolich, General Manager of Indianhead.

The proposed transactions are subject to completion of due diligence and definitive agreements and are targeted to close prior to year end. The purchase price and terms are not being disclosed at this time.

What does this mean for the area? Well, there are no guarantees that this deal is a done deal; there are many obstacles to get past before we can all jump up and down in excitement. But as I see it, if it becomes a reality, there will be one set of management controlling all 3 hills so we should see consistency in services offered at each hill, improvements in customer service, and upgrades to facilities. Costs can be cut by sharing of equipment; there will be less expense of management level salaries and advertising/marketing dollars will be channeled more effectively to bring tourists to the area. Seems like a win-win for everyone involved!

I'll keep you posted as more news becomes available.