Earl died in 2013. When Sun Valley and Snowbasin joined Epic, I figured that was Vail test driving those areas before a potential purchase. Well, in hindsight, I had it backwards. The family wants out of the oil business and wants to keep its hospitality businesses--the hotels and the ski resorts. Holding got his start with Little America and they were into hospitality before oil. Plus, I would think that oil's time horizon is probably growing more limited each day with concern about climate change, etc. So sell when the market is high.
HollyFrontier is buying Sinclair Oil and the new company will be named, "HF Sinclair."
boisedev.com
As one of my buddies who frequents Snowbasin said, "when you have billions of dollars you need a place to entertain your friends." Or in this case, two ski areas.
HollyFrontier is buying Sinclair Oil and the new company will be named, "HF Sinclair."
Sun Valley’s owner Sinclair strikes deal to sell most of its assets. SEC filing sheds light on resort’s status
The Sun Valley Resort’s parent company could soon be part of a new, larger, publicly-traded company. But SEC filings note the resort and sister properties aren’t part of the deal. [ Sun Valley opens new terrain on Bald Mountain] HollyFrontier of Dallas, TX announced it would acquire Sinclair...
boisedev.com
As one of my buddies who frequents Snowbasin said, "when you have billions of dollars you need a place to entertain your friends." Or in this case, two ski areas.
with billions in the bank
