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Peak Resorts Completes $36M Acquisition of Hunter Mountain

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Peak Resorts just announced it has completed the previously announced acquisition of New York's Hunter Mountain, a ski area in the Catskills, for cash consideration of $35 million plus the assumption of two capital leases estimated at approximately $1.8 million. Peak Resorts operates 14 ski areas primarily located in the Northeast and Midwest, with most of the resorts within 100 miles of major metropolitan cities.