That deal was completed in April of 1995, and in May he announced his intention to purchase Cranmore Resort in New Hampshire, a deal which closed one month later. Shortly thereafter, American Skiing Company was forced to divest Cranmore and Waterville Valley Resorts in New Hampshire under a consent decree issued by the U.S. Department of Justice. Today, American Skiing Company resorts continue to be managed by skiers and snowboarders who are passionate about winter sports and the mountain lifestyle. The company is the largest owner and operator of alpine ski, snowboard and golf resorts in the United States. Headquartered in Newry, Maine, American Skiing Company is the largest operator of alpine ski, snowboard and golf resorts in the United States.
More information is available on the company's website.