This leaves American Skiing Company rather small...

Ski firm sells Sunday River to Boyne USA

June 5, 2007

AUGUSTA, Maine --American Skiing Co. is selling the Sunday River and
Sugarloaf USA ski areas in western Maine to Boyne USA Inc. of Michigan
for $77 million in cash, American Skiing said Tuesday.
The Park City, Utah-based American Skiing said it expects the
transaction to close on or before July 31. Boyne, which will assume $2
million in debt and liabilities in the deal, is a privately held company
that has interests in seven North American resort properties.

American Skiing President B.J. Fair said Boyne "is an established
operator and should bring a wealth of vision and resources" to Sunday
River in Newry and Sugarloaf in Carrabassett Valley.

But Fair said that with so much of the company's roots and history at
the Maine resorts, "it will be hard to part ways with these resorts."

Les Otten, American Skiing's founder and former chief executive, issued
a statement in which he said he's disappointed with the sale decision,
but wishes the new owners well.

Otten said that after selling his stake in the Boston Red Sox, he was
looking for investment opportunities in Maine.

VtSkier wrote:
Ski firm sells Sunday River to Boyne USA

Gee, selling the area they started from. That what would be sad if I
didn't hate them.

What is left of the empire now?

Dave