Shares of ski resort company Vail Resorts, Inc. (NYSE:MTN) increased in the third quarter on news that the company had entered into an agreement to acquire Whistler Blackcomb in Canada. Vail owns among the best ski resorts in North America, including Vail, Beaver Creek, Park City, and now Whistler. The deal gives the company greater scale, which we think it will be able to leverage in its bid to continue to grow its season pass sales. (David Baron)
From Ron Baron (Trades, Portfolio)'s Barons Partners Fund third-quarter 2016 commentary.
