The Wall Street Journal is reporting today that Fortress Investment Group, LLC, the parent company of Whistler-Blackcomb resort has reportedly been speaking with Russian billionaire Vladimir Potanin about his purchasing the resort.
Mr. Potanin, the main shareholder of metals giant OAO Norlisk Nickel, has expressed an interest in the property. His investment vehicle, Interros Co., is currently building a new ski resort in Sochi, Russia, home of the 2014 Winter Olympic Games.
The best buyer would probably be a company with little knowledge of the economics of North American ski resorts, because really, who else would want it?
[Link: Wall Street Journal via CKNW.com]
