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Mergers, Acquisitions and Takeovers
New owner is planning upgrades for Bear Mountain, Snow Summit
New owner is planning upgrades for Bear Mountain, Snow Summit

The new owner of Bear Mountain and Snow Summit has begun considering upgrades to Southern California's top local peaks, including plans to expand mountain biking trails and connect the two neighboring resorts. Mammoth Resorts, the operator of Mammoth Mountain and June Mountain in the Sierra Nevada, completed the estimated $38-million deal over the weekend to acquire the two resorts in the San Bernardino Mountains, putting Mammoth Resorts in control of more than 4,000 acres of skiable land in California. Mammoth Resorts Chief Executive Rusty Gregory said his company will hold off on making any major changes to Bear Mountain or Snow Summit until he and his staff have met with resort...

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