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Pacific Group Resorts Bids $58 Million for Jay Peak

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Pacific Group Resorts Bids $58 Million for Jay Peak – Lift Blog


The Jay Peak Receiver today filed a motion to enter a sale agreement with Pacific Group Resorts, Inc., a Park City-based operator of five North American ski areas. Importantly, the proposed sale process allows for bids from other companies in excess of PGRI’s $58 million offer.

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This is going to be interesting to see how this turns out in the end. It's been a long 6 years or so in receivership for Jay, and I would think it's been long enough for them. I would imagine there would be other bids submitted during the process. Let's see how this gets finalized.

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