Mount Snow Completes Sale of Haystack

first_imgMount Snow Completes Sale of HaystackMOUNT SNOW, VERMONT – June 30, 2005 – Mount Snow Ltd. has announced thatit has completed the sale of Haystack Ski Resort in Wilmington, Vermont toagroup of local businesspersons known collectively as Tyringham Ridge.This is great news for community residents and businesses, said StanHansen, President and Managing Director of Mount Snow Ltd. Were hopingthat this investment triggers further investment within our Valley.Entered into on March 30, the Purchase and Sale Agreement provided for a$5,000,000 purchase price and included a two year right of first refusaloncertain non-operational lands owned by Mount Snow.This transaction allows us to fully concentrate our efforts on MountSnow,while encouraging Haystack to realize its full potential, commentedHansen.The synergy were working towards achieving is exciting.Under the terms of the agreement, Mount Snow Ltd. will continue to drawwater from sources at Haystack.Proceeds to Mount Snow Ltd. and American Skiing Company from the sale ofHaystack are expected to be used for additional liquidity, to fundcapitalexpenditures and reduce senior debt, each as permitted under AmericanSkiingCompanys senior credit facilities.###last_img read more

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Coronavirus in Korea forces ITTF to postpone draw for 2020 World Team Table Tennis event

first_imgInternational Table Tennis Federation (ITTF) has just been informed of the first confirmed cases of Coronavirus disease in Busan, Korea Republic, the host city for the Hana Bank 2020 World Team Table Tennis Championships to be held between March 22 to 28,  2020. Following breaking news of the first confirmed cases of COVID-19 in Busan, the ITTF has decided to postpone the First Stage draw for the Hana Bank 2020 World Team Table Tennis Championships, which was scheduled to take place tomorrow, Saturday 22nd February 2020 in Busan. On Saturday there will be an emergency contingency meeting between the ITTF Senior Management, the Korea Table Tennis Association (KTTA) and the city of Busan representatives to further discuss the extraordinary situation. Following the meeting, the status of the event will be discussed by the ITTF Executive Committee. The ITTF has been conducting a site inspection this week in Busan, including discussions with KTTA on how to safeguard everyone’s health and safety at the world’s biggest international table tennis event.Advertisement Loading… The ITTF and KTTA are taking advice from the World Health Organization (WHO) and working with the Korean government to put in place the most robust health and safety measures. Japanese teenagers top seeds at 2020 ITTF World Tour Hungarian Open The ITTF and KTTA are continuing to monitor the situation closely and will provide further updates when more information comes to hand. FacebookTwitterWhatsAppEmail分享 center_img Promoted Content6 Incredibly Strange Facts About HurricanesWhich Country Is The Most Romantic In The World?Who’s The Best Car Manufacturer Of All Time?7 Truly Incredible Facts About Black Holes10 Hyper-Realistic 3D Street Art By Odeith11 Most Immersive Game To Play On Your Table Top10 Risky Jobs Some Women Do9 Facts You Should Know Before Getting A Tattoo8 Shows That Overstayed Their WelcomeOnly The Chosen Ones Can Appear On-Screen Even After Their DeathAir Pollution Is Rapidly Decreasing Thanks To COVID-19The Very Last Bitcoin Will Be Mined Around 2140. Read Morelast_img read more

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