No. Vail may end up with Park CIty Mountain Resort for free, and the some analysts are not taking this into consideration. It overpaid to lease Canyons in UT, but the 50 year lease (with 6 extensions) come with the spoils over the lease dispute with PCMR (Talisker owns the UPCM lease). PCMR was late with the lease payment, and may end up losing the operations of the resort to Vail (through Talisker/Canyons). This is huge if it were to happen, having two Top 10 resorts in on town and three overall in the Vail portfolio.
I cannot tell a lie. I did indeed send my stock certificates to Hermes a few years back and he personally oversaw the production a cravat which I now often wear, with great pleasure, on the slopes. You might say this is akin to wiping one's behind with $100 bills, which I would confess I also do, except that I have a man for that, a small brown man who get down on his cute little knees, just behind my behind.