American Skiing CEO, CNNfn

From: Capital Ideas (CNNfn) | Date: March 19, 1998| Author: | Copyright information

00-00-0000
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

JOHN METAXAS, CNNfn ANCHOR, CAPITAL IDEAS: Time now for our IPO look back. The company is the American Skiing Company (SKI)> American Skiing owns and operates nine ski resorts including two of the nation' s top five. The company went public last November at $18 a share and its stock performance almost looks like ski slopes. Today the stock is trading at 16 1/8, down 1/6 today.

Joining us now to talk about American Skiing is the company's chairman and chief executive, Les Otten, ...

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

American Skiing executive recuses himself as selloffs continue.
; ...Sugarloaf, or both. Otten would not be...negotiate with American Skiing if he remained...spokesman for American Skiing, said Wednesday that Otten had recused himself and Otten confirmed the...comment further. American Skiing has been shedding...
Speculation: Otten may try to buy Sunday River ; The former owner has removed himself from board activities of American Skiing.
; ...Sugarloaf, or both. Otten would not be...negotiate with American Skiing if he remained...spokesman for American Skiing, said Wednesday that Otten had recused himself and Otten confirmed the...comment further. American Skiing has been shedding...
Oak Hill provides American Skiing with a new lift.
; ...management of American Skiing will control 26...of that being Otten's. So Otten owns...seats of 11 on American Skiing's board, as will Otten. (The other three...good news is, American Skiing gets a new lease on life. Otten, meanwhile, gets...chance to ...
AMERICAN SKIING STOCK REBOUNDS AMID EFFORT TO BOOST COMPANY\ A LATE START TO WINTER AND BAD WEATHER AT ITS NEW ENGLAND MOUNTAINS HAS HIT THE COMPANY HARD.<
; ...WEDNESDAY BUSINESS American Skiing Co. stock rebounded...percent this year. American Skiing's spokesman...important for American Skiing, which suffered...In addition, American Skiing badly missed...season," Leslie B. Otten, the company...least late May. ...
American Skiing on slippery slope.
; The American Skiing Co. is walking an increasingly...financing effort says, American Skiing is in big trouble. The...Chief Executive Leslie Les Otten, a 5.6 percent owner of American Skiing, finds his own finances...initial sale price of $18, Otten's loan went ...
Founder resigns from board of Utah's American Skiing
; PORTLAND, Maine (AP) -- American Skiing Co. founder Leslie Otten has resigned from...that Utah-based American Skiing may be looking to...resorts in Maine. American Skiing is selling its Vermont...resort in Colorado. Otten built Sunday River...
STEAMBOAT EAGER FOR A LIFT FEW IN TOWN WILL WEEP WHEN AMERICAN SKIING CO. SELLS THE RESORT.(Business)
; ...STEAMBOAT SPRINGS -- When American Skiing Co. completes the sale...Newry, Maine-based American Skiing rankled ski-area employees...Making matters worse, American Skiing skidded downhill financially...their distaste for American Skiing founder Les Otten by ...
AMERICAN SKIING IPO DOWNHILL.(Business)
; ...BETHEL, Maine -- STOCK WATCH American Skiing Corp., (SKI: NYSE) $17, down $1. American Skiing Co. shares fell as much...the ski resort operator. American Skiing plans to use part of its...much as 25 cents to $18.25. American Skiing has a recognizable name...properties ...
American Skiing dumps deal.(Business)
; ...resort operator American Skiing Co. yesterday...have emboldened American Skiing's chief executive, Les Otten, to go it alone...in December. American Skiing stock rose 37...Combined with American Skiing, MeriStar, which...
American Skiing stock takes off.
; ...last few days, shares of American Skiing Co. rose significantly in...into the low 30s. But after American Skiing announced plans in mid-February...Thursday's announcement that American Skiing had completed the sale of...Steamboat Acquisition provided American Skiing ...