Any updates on this one? Starting to sound to me like there may have been a lot of serious interest, and that it may have since fallen apart. Like when it moved from general agreement to the details. I'm hearing entirely different things from people who I think ought to know if something is happening. Which normally tells me that nobody has a clue. But my gut tells me otherwise.
At the least the impending press release sure has been delayed......
Meanwhile sounds like lots of Intrawest conversations are taking place. Bankers talking to bankers, all nosing around looking at different pieces, trying to figure out interest and value. The usual stuff. It could actually be Intrawest's partner, Fortress, trying to get a more refined handle on the real market for the portfolio, as a whole or broken up.
Meanwhile I still wonder about the guys who seem to be sitting on a huge pile of cash, KSL, but all I have is my own curiosity.
That and rumblings that O-Z may be quietly entertaining some conversation about some of the individual CNL properties before they have even closed on the deal. Seems different, yet possible.
Could be an interesting spring! Then again, could be nothing. Unique business. There could be some record revenue years for a number of areas, and that tends to mess up getting to a fair and realistic value.
Stowe? Bet today was a big day. Was supposed to be there for the UVM carnival, but we had to change plans.
Curious as always.