Market Features
AIG Deconstructed: Stowe Mountain
Stock quotes in this article:AIG
The majority of the area's 4,300 residents make their living from tourism, with the resort the main driver of the economy and the town's largest employer. During peak winter season, Stowe Mountain employs 1,300 people.
Still, while the idea of a new owner taking over the resort might seem unsettling to residents, should the correct leader come aboard, the move could in fact help reposition Stowe from a luxury retreat to a more practical destination for cheaper mini-vacations. It may also be a hidden gem for one lucky bidder, who will get: a range of lodging facilities, rental equipment and demonstration centers, ski and snowboard school, 10 restaurants, two 18-hole golf courses and a spa, among other operations. The real catch, though, is in the development opportunities. The resort comes with pre-approved permits for future building, which means the infrastructure for growth is already laid.More articles in this series: AIG Deconstructed: Philamlife; AIG Deconstructed: AIG Rules Iraq
TheStreet Premium Services
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn MoreTo begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
Connect with TheStreet