Next step? IPO. But wait. Pricing the IPO has also been a challenge. So after a storied history of financial challenges, who and why would be interested in this?
Tuesday, November 2, 2010
Third Time Lucky?
The financial pathway for Whistler Blackcomb has been more than a little difficult (CanadianBusinessOnLine). Efforts to find a buyer in the past has met with little success. They avoided foreclosure just before the 2010 Winter Olympics. In June it was rumoured that a Russian Billionaire was interested. Fortress - Intrawest paid top dollar for assets like this and want to try and salvage the investment.
Next step? IPO. But wait. Pricing the IPO has also been a challenge. So after a storied history of financial challenges, who and why would be interested in this?
Next step? IPO. But wait. Pricing the IPO has also been a challenge. So after a storied history of financial challenges, who and why would be interested in this?
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