Tag: Big Bear Mountain Resorts

Mammoth now owns Big Bear Mountain Resorts

Big Bear Lake, CA. March 3, 2015 – In a recent letter sent to Snow Summit stockholders sale of Big Bear Mountain Resorts to Mammoth Mountain was closed on Friday, February 27th.  A momentous day for the Big Bear Valley but it was possibly overshadowed by the pending weekend snowstorms.  Snow Summit began life as a modest ski endeavor with a permit from the National Forest service in the early 50’s.  Snow making and thirst for winter activities enabled Snow Summit to grow along with the entire resort industry.  While many mom and pop ski areas in Southern California have come and gone, Snow Summit and Bear Mountain emerged as innovators and leaders in the industry.  Executives for Mammoth, CEO Rusty Gregory and Dave Linkins, previously expressed their excitement for this deal as it will bring their total skier day tally to over 2 million annual visitors.  This type resort consolidation, which is now common place, will  make them one of the biggest in North America.  In addition, CEO Rusty Gregory, commented on future resort development that “we come from a small community and are sensitive to wants and needs of a mountain resort community”.   Summit President, Dick Kun, in his farewell letter indicated that he was “deeply grateful for 65 years of support and that lasting memories will comfort, what for some will be difficult”.  And now with...

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Bear Mountain Resorts Shareholders Approve Sale to Mammoth Mountain

Big Bear, CA, November 3, 2014 – With the final shareholder votes tallied, the Snow Summit Ski Corporation, a long standing icon of the Big Bear Valley, will change hands perhaps later this month.The official count of 68% in favor and 11% against the sale was announced at the annual stockholders meeting. Thus the sale of Snow Summit and Bear Mountain to Mammoth Mountain was ratified. The largest concern expressed at the November 2, 2014 stockholders meeting seemed to be access to free lift tickets and parking privileges. President and CEO Dick Kun stated that that it was a good deal for the shareholders who will receive in the neighborhood of $600.00 per share, but also draws to a close any future stockholder privileges. He further went on to explain that their aging management team along with winter resort industry consolidation was what helped lead them to the sale decision. In addition, Mr. Kun, the major stockholder, told the audience that during the negotiation process, “they never lost sight of shareholder concerns, and getting the highest possible price per share or return on investment.” In order to complete this transaction, the Forest Service must issue a new use permit, but according to Brent Tregaskis, newly named area General Manager, “this should not be an issue as Mammoth has the highest reputation as a resort operator.” According to others on...

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Mammoth Resorts to Acquire Bear Mountain Resorts

Big Bear, CA, Sept. 24, 2014 – Mammoth Mountain Ski Area, owner of both Mammoth and June Mountain, announced today that it has entered into an agreement to acquire Big Bear Mountain Resorts which includes both Bear Mountain and Snow Summit, for 38 million dollars. Closing is subject to certain conditions including shareholder approval. The combination of these four iconic California mountain resorts will create one of the nations largest ski companies with over 2 million visitors per year. To celebrate the occasion, Mammoth has announced a new season pass that includes unrestricted access to all four mountains at a discounted rate of $689. for adults. The new Cali4nia Pass will go on sale at the Hot Dawgz and Hand Rails event at Bear Mountain this Saturday and then will be available online for a limited time only at...

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Kids Ride Free With PB&J

Big Bear Lake, CA, February 1, 2014 – Even without the recent snowfall, our local ski resorts would’ve been busy this weekend, hosting special events on both days. Today, it’s the Peanut Butter and Rail Jam at Bear Mountain, Volcom’s amateur snowboard contest. This free event features multiple divisions for men and women of all ages, and the top 5 in each division qualify for the 2014 World Championships and a shot at a $15,000 purse. The Big Bear competition is free to spectators with lift tickets or passes. Today and tomorrow, Women’s Edventures is offering ski and snowboard clinics, at both Bear Mountain and Snow Summit. The workshops include lunch, goodie bags, four hours of instruction, video analysis plus a personalized strategy for improvement. The team of female, professional instructors carry advanced certification in  Alpine, Nordic and boarding to accommodate students of all skill sets at Lake Tahoe and at Big Bear Mountain Resorts. It’s too late to join in this weekend, but you have until February 22 to sign up for the next Edventure, which is scheduled for March 1st and 2nd. For details, call (714) 469-6748....

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In Loving Memory: Sean Jacques 4/28/1967 – 10/16/2013

Big Bear Lake, CA, October 24, 2013 – A Celebration of Life for Sean Jacques is scheduled for Saturday, November 2 at Bear Mountain Resort at 4:30 p.m. Sean passed away October 16 and is survived by his wife, Suzie, his son Anthony and daughter Alexandra as well as his parents, sister, nieces and nephew. Following his wishes, his organs were donated to those in need. Sean Anthony Jacques was born in Sacramento on April 28, 1967 and moved to Big Bear Lake when he was seven years old. He attended Big Bear Elementary, Big Bear Middle School and Big Bear High School as the class of 1985. Following graduation, he served in the United States Navy for six years as an FC2 (Fire Controlman). Sean then returned to Big Bear Lake to work for Big Bear Mountain Resorts, where he served for 15 years. In loving memory, his wife dedicates his favorite poem by Ralph Waldo Emerson: “To laugh often and love much; to win the respect of intelligent persons and the affection of children; to earn the approbation of honest citizens and endure the betrayal of false friends; to appreciate beauty; to find the best in others; to give of one’s self; to leave the world a bit better, whether by a healthy child, a garden patch or a redeemed social condition; to have played and laughed with enthusiasm...

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