Called it, Vail makes an offer to buy Park City...My bet for what Vail's strategy is: They demand very high rent from PCMR and totally kill their margins, slowly bleeding them to death if they do decide to pay, or they take it over in a sale deal when they can't pay. It will probably end with Vail buying PCMR at a huge discount one way or another (unless the court rules for PCMR).
I agree, but Park City screwed up and Vail wouldn't have bought the rights to the case if there wasn't merit behind it. I'm pulling for PC but it sounds like they have a serious legal battle ahead of them.Well, Vail are bad guys no matter what. It's bad for customers if they own everything. These companies don't tend to get smaller, only bigger. So it's moving toward an oligopoly quickly. Choice and competition is an absolute necessity if you want to avoid a dysfunctional market.