Major resort operator buying largest North American ski area

Travel Vail Resorts Whistler
FILE - In this Feb. 2, 2015, file photo, fireworks explode during the opening ceremony for the FIS Alpine World Ski Championships, in Vail, Colo. Vail Resorts, which is the largest resort operator in North America, is buying the continent's biggest ski area, Canada's Whistler, the site of the 2010 Winter Olympics. Vail Resorts Inc. announced Monday, Aug. 8, 2016, that it was purchasing Whistler Blackcomb Holdings Inc., the Canadian ski resort company, for $1.06 billion, adding to its aggressive expansion. (AP Photo/Brennan Linsley, File)

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