BUSINESS
December 11, 1999 | BOB HOWARD, SPECIAL TO THE TIMES
A group of investors has agreed to buy the Mt. Waterman and Snowcrest ski areas in Angeles National Forest and plans to link the two to create a ski complex that could eventually become a serious competitor to ski resorts in the Big Bear area. Mt. Waterman Acquisition Holdings Inc. filed applications this week for U.S. Forest Service permits to operate the two neighboring ski areas in the San Gabriel Mountains about 15 miles northeast of La Canada Flintridge, Ranger Terry Ellis said Friday.