American Skiing dumps deal.(Business) From: The Boston Herald | Date: March 24, 2001| Author: Gatlin, Greg | COPYRIGHT 2001 Boston Herald. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Ski resort operator American Skiing Co. yesterday iced a deal that its chief executive described only a few months ago as a "powerhouse" combination designed to insulate the debt-ridden firm from the fickle nature of snow sports.

The Newry, Maine, operator of Sunday River and several other major New England resorts dumped its plan to merge with MeriStar Hotels and Resorts Inc. of Washington, blaming a sliding economy and resistance from bondholders, shareholders and seni...

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