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October 10, 1995 | Times Staff and Wire Reports
SKI Ltd. to Sell Bear Mountain Resort: Fibreboard Corp. will buy the Bear Mountain Ski Resort and golf course in Southern California for $20 million, Killington, Vt.-based SKI said. SKI, which operates six ski and summer resorts in New England and Southern California, said it expects to close the sale before the end of this month. SKI said its real estate in the Bear Mountain area is not included in the sale. Walnut Creek, Calif.
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BUSINESS
October 10, 1995 | Times Staff and Wire Reports
SKI Ltd. to Sell Bear Mountain Resort: Fibreboard Corp. will buy the Bear Mountain Ski Resort and golf course in Southern California for $20 million, Killington, Vt.-based SKI said. SKI, which operates six ski and summer resorts in New England and Southern California, said it expects to close the sale before the end of this month. SKI said its real estate in the Bear Mountain area is not included in the sale. Walnut Creek, Calif.
BUSINESS
August 31, 1995 | Times Staff and Wire Reports
Bear Mountain Resort May Be Sold to Fibreboard: The Bear Mountain ski area outside Los Angeles may be sold to Fibreboard Corp., owner of two Tahoe resorts, making Fibreboard the largest ski operator in California, the company said. Vermont-based SKI Ltd. has reached an agreement in principle to sell the ski operations and golf related assets of Bear Mountain Ltd. to the Walnut Creek, Calif.-based building products manufacturer for $20 million, according to a statement.
BUSINESS
January 22, 1988 | CARLA LAZZARESCHI, Times Staff Writer
In 1955, where others saw only a steep, wooded hillside like so many others in central Vermont, Preston Leete Smith envisioned a ski resort. Not just any ski resort. Smith wanted to build the biggest. And he did. Killington, which Smith opened in 1958, is now the East Coast's largest ski area, and has spawned a surrounding town as well as a year-round tourist industry. Now Smith, 57, is bringing his vision to Southern California. Within the next two days, Ski Ltd.
BUSINESS
August 31, 1995 | Times Staff and Wire Reports
Bear Mountain Resort May Be Sold to Fibreboard: The Bear Mountain ski area outside Los Angeles may be sold to Fibreboard Corp., owner of two Tahoe resorts, making Fibreboard the largest ski operator in California, the company said. Vermont-based SKI Ltd. has reached an agreement in principle to sell the ski operations and golf related assets of Bear Mountain Ltd. to the Walnut Creek, Calif.-based building products manufacturer for $20 million, according to a statement.
BUSINESS
October 10, 1988
Promoters billed it as "the ultimate test of computer greatness," as "the world's first digital duel" and as "a bit of byting combat." The Computer Bowl, held Friday evening in Boston, pitted five computer industry gurus from the East Coast against five from the West who answered questions like: Which of these is not a computer: Maniac, Brainiac or Illiac? (Answer: Brainiac.
SPORTS
December 1, 1995 | BOB LOCHNER
Winter blew into the Southland mountains last weekend--and then blew right out again, unfortunately. A cold, dry Santa Ana zephyr enabled Snow Summit and Bear Mountain to begin making snow Sunday, but by Tuesday both Big Bear Lake ski areas had to silence their guns as the weather warmed. Of course, it's only a matter of time until skiing takes off locally, and there are still three weeks or so before the start of the big Christmas-New Year's holidays.
BUSINESS
September 11, 1996 | JAMES F. PELTZ, TIMES STAFF WRITER
Fibreboard Corp. tentatively agreed Tuesday to sell its three ski resorts, including the Bear Mountain resort in Big Bear Lake, to a company formed by veteran ski operator George Gillett Jr. for $127 million. Besides the 690-acre Bear Mountain operation, one of Southern California's most popular ski resorts, Fibreboard is selling its two resorts at Lake Tahoe in Northern California: Northstar-at-Tahoe and Sierra-at-Tahoe.
BUSINESS
January 22, 1988 | CARLA LAZZARESCHI, Times Staff Writer
In 1955, where others saw only a steep, wooded hillside like so many others in central Vermont, Preston Leete Smith envisioned a ski resort. Not just any ski resort. Smith wanted to build the biggest. And he did. Killington, which Smith opened in 1958, is now the East Coast's largest ski area, and has spawned a surrounding town as well as a year-round tourist industry. Now Smith, 57, is bringing his vision to Southern California. Within the next two days, Ski Ltd.
BUSINESS
November 12, 1990 | JESUS SANCHEZ, TIMES STAFF WRITER
After picking up seaside golf courses, Hollywood studios and New York skyscrapers, the Japanese have added ski resorts to their shopping list of American investments. Not long ago they arrived on the California slopes, agreeing to buy Heavenly Valley, one of the state's choice ski areas. It is nestled amid the casinos and hotels of South Lake Tahoe. Sapporo-based Kamori Kanko Co. grabbed the 20-square-mile resort, which is valued between $80 million and $100 million.
BUSINESS
October 25, 1995 | ROSS SNEYD, ASSOCIATED PRESS
The 50-foot-wide swath of newly cleared forest that cuts through Sugarbush Resort is designed to connect two separate ski areas. It's more like the ski industry's link to the future. This narrow clearing, where a new chairlift is being built, is one of the keystones of the resort's ambitious $28-million revitalization, and on a larger scale, part of a building boom among Vermont ski operators.
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