We’ve been aware that the talks between Intrawest and Squaw started up again in October, but wholly smokes, this time the lid was kept on pretty tight. I’ve had my nose all over the valley trying to sniff out some details and I got nothing.
As many of you know Granite Chief had been cleared to move to a better location in the village, then all of a sudden everything stopped. At first we all thought things with Intrawest had stalled because everyone was working on the Copper Mtn deal, (Intrawest owned Copper sold to Powder Corp). As it turned out the brakes were put on bringing all future plans for Village merchants to a screeching halt because Squaw Valley Ski Corp reopened negotiations to purchase the Intrawest Village. The word; it’s a done deal. What isn’t clear is when will Squaw take over operations. Some say February but the most recent scuttlebutt points to January.
Well, we all knew it was going to happen, but the big surprise is that the talks hit the table so soon after last spring’s negotiation fell apart.
I think most merchants had a good relationship with the Intrawest team so on one hand we are sorry to see them go. On the other hand we all want to be a part of a growing Squaw Valley. This could be a very good New Year!
by Talebearing Squawdog

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