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Vail Resorts’ Shares Ended April 16% Higher Following Epic Pass Credit Announcement

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When the ski industry ground to a halt in mid-March due to the coronavirus pandemic, fear took hold of stockholders, among others, with the possibility of a recession becoming a reality. Vail Resorts saw their stocks drop 36% as global uncertainty took a grip. Related: Vail Resorts Predicts $180-200 Million Dollar Loss in March/April Due To Coronavirus Anticipating falling short of […]
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Vail Resorts CEO Rob Katz Donates $15.7-Million to Charity

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Vail Resorts announced yesterday that Chairman and Chief Executive Officer Rob Katz has exercised stock appreciation rights (SARs) and will be donating 100% of the shares and proceeds received to his family charitable foundation and donor-advised charitable fund. Based on the market price on the date of exercise of $235.53 per share, the donation is equal to approximately $15.7 million. […]
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