Pursuits
Ski Resorts Seen as Buyout Targets Amid U.S. West Drought
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Michael Simpson arrived at Alpine Meadows at Lake Tahoe earlier this month and found little more than dirt. Except for one ski run maintained by machines, the drought-parched California mountain was devoid of snow.
“It’s about as bad as I’ve ever seen it,” Simpson said after his trip to the resort owned by KSL Capital Partners LLC.