Vail-Whistler Deal Gets Competition Bureau Clearance

Vail Resorts, Inc. and Whistler Blackcomb Holdings, Inc. report that the Canadian Competition Bureau has issued a no-action letter under the Competition Act (Canada) indicating that it does not intend to challenge the proposed business deal joining Whistler Blackcomb with Vail Resorts.

The proposed merger remains subject to customary closing conditions, including approval by Whistler Blackcomb shareholders and the Supreme Court of British Columbia and approval under the Investment Canada Act. The transaction is expected to close in the fall of 2016.

(https://www.whistlerblackcomb.com/holdings/meeting-materials)