Kicking Horse pending sale to RCR

Calgary-based, Resorts of the Canadian Rockies have entered into discussions to potentially acquire Kicking Horse Mountain Resort, based in Golden, BC. Subject to certain regulatory approvals, the transaction is expected to be completed by the end of the year. “Kicking Horse Mountain Resort is currently in the 11th year of operations and has quickly established itself as one of the premier destination resort brands in the North American ski market. The possible inclusion of the Kicking Horse Mountain Resort brand within the Resorts of the Canadian Rockies family is a strong, strategic fit and establishes a great platform for the future of the resort, “says Kicking Horse Mountain Resort president and CEO, Steve Paccagnan. (http://www.kickinghorseresort.com)