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Intrawest Owes $524 Million Today

Submitted by Boardie on Thursday, 24 December 2009No Comment

December 23, 2009 is a big day for Whistler-Blackcomb Resort owning Intrawest ULC and its parent Fortress Investment Group LLC. A reported $524 million payment on a $1.4 billion loan is due, according to a story in Businessweek. And they may not be able to make the payment.
Intrawest, which owns venues being used at the [...]

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