O’Donnell insists Skico sale rumors aren’t true | AspenTimes.com

O’Donnell insists Skico sale rumors aren’t true

Aspen Times Staff Report

“I have no idea how the rumor started, but it’s time to end it because it doesn’t seem to want to simmer down.”

Rumors started flying last week that a deal with Intrawest, a Vancouver-based heavyweight of the ski industry, was imminent. Intrawest owns and operates 10 ski resorts, including Whistler/Blackcomb, the busiest resort in North America.

The Intrawest rumors took a new twist each day this week, and several people claimed that “reliable sources” assured them a sale would be announced soon.

O’Donnell acknowledged company executives have fielded numerous inquiries from Skico workers, but the fervor seemed to die down internally the last couple of days.

Skico officials did acknowledge earlier this week that Intrawest is one of several development companies that may play a role in the development of a new base in Snowmass Village. Even after that potential role was reported by the Aspen newspapers, the rumors of a sale to Intrawest kept building.

O’Donnell said Intrawest is in the running only as a possible development partner in Base Village. Neither it nor any other company is engaged in negotiations to buy the Aspen Skiing Co., he said.

“We are not for sale,” said O’Donnell.

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