Vail Resorts buys Park City Mountain Resort

Vail Resorts, the parent company of South Lake Tahoe's Heavenly Mountain Resort, announced Thursday that they are purchasing Park City Mountain Resort for $183M.

The agreement includes the Park City resort's base area—which include property zoned for residential and commercial development—as well as parking, lower ski terrain and lifts.

Skiers and boarders who buy an EPIC pass can now access the new Utah resort as well as Vail, Beaver Creek, Breckenridge, Keystone and Arapahoe Basin in Colorado; Canyons in Park City, Utah; Heavenly, Northstar and Kirkwood at Lake Tahoe; Afton Alps in Minnesota and Mt. Brighton in Michigan.

Epic Pass holders have the opportunity to extend their skiing and riding adventures globally with up to five consecutive free days (when booking in-resort lodging) at the renowned mountain resorts of Les 3 Vallées, France (Courchevel, La Tania, Méribel, Brides-les-Bains, Les Menuires, Saint Martin de Belleville, Val Thorens and Orelle) and Verbier, Switzerland, and five consecutive free days at Niseko United, Japan.

For more information on the EPIC pass, visit their website.