Paoli Peaks sold to Colorado-based company

Paoli Peaks sold to Colorado-based company

PAOLI, Ind. (WFIE) - Paoli Peaks in Southern Indiana will be sold to Vail Resorts, a Colorado-based company.

The company is acquiring Peak Resorts, which owned the property in Southern Indiana and 16 others in the Northeast and Midwest.

The $264 million deal is expected to close this fall but still needs regulatory approval.

It’s unclear what changes will be coming to Paoli Peaks if any.

Copyright 2019 WFIE. All rights reserved.