Silver Mountain, Going Once...Going Twice...Possibly Sold? - Spokane, North Idaho News & Weather KHQ.com

Silver Mountain, Going Once...Going Twice...Possibly Sold?

Posted: Updated:

KELLOGG, Idaho - Silver Mountain Resort in north Idaho is for sale. It was reported Wednesday that Jeld-Wen, the company that owns many of the areas local ski and snowboard resorts has begun to sell off all of their assets, which includes all of Silver Mountain.

Jeld-Wen has started this process by doing sealed bid auctions on the mountain as a whole, or all assets individually, and it looks as though they have quite a few interested buyers.

KHQ Local News reporter Dylan Wohlenhaus spoke with Murphy Yule, a broker out of Boston who is attempting to help sell off the mountain that had this to say, "Several companies were interested in buying the mountain, however, before the sealed auction closed on the 15th, the current owner and the companies could not come to a price agreement. Another sealed bid auction will be held in February where those interested companies will come back to the table."

Due to legal reasons, Murphy Yule was not able to disclose the names of said companies.

There is no certainty as to whether new ownership would affect any of the current jobs at the mountain. Both Jeld-Wen and Murphy Yule hope that the mountain will be under new ownership by the end of the current ski season, but no one knows if it will happen indefinitely.

 

  • Most Popular StoriesMost Popular StoriesMore>>

  • Stolen bike didn't roll away unnoticed

    Stolen bike didn't roll away unnoticed

    Wednesday, August 20 2014 10:31 AM EDT2014-08-20 14:31:01 GMT
    SPOKANE, Wash. - When Paul Dannels finished his workout at the Downtown YMCA, he was surprised to see his bike was gone from the bike rack. "I was pretty upset, to be honest...mad, and discouraged, and depressed because I knew I couldn't replace it," said Dannels. A reporter for The Inlander happened to be at the YMCA when the bike was stolen.>>
    SPOKANE, Wash. - When Paul Dannels finished his workout at the Downtown YMCA, he was surprised to see his bike was gone from the bike rack. "I was pretty upset, to be honest...mad, and discouraged, and depressed because I knew I couldn't replace it," said Dannels. A reporter for The Inlander happened to be at the YMCA when the bike was stolen.
    >>
  • Another American hostage at risk by Islamic State after U.S. journalist beheaded

    Another American hostage at risk by Islamic State after U.S. journalist beheaded

    Wednesday, August 20 2014 10:15 AM EDT2014-08-20 14:15:08 GMT
    WASHINGTON (AP) - Militants with the Islamic State extremist group have beheaded American journalist James Foley and are threatening to kill another hostage in retaliation for U.S. air strikes in northern Iraq. The White House must now weigh the risks of adopting an aggressive policy to destroy the Islamic State against resisting any action that could result in the death of another American.>>
    WASHINGTON (AP) - Militants with the Islamic State extremist group have beheaded American journalist James Foley and are threatening to kill another hostage in retaliation for U.S. air strikes in northern Iraq. The White House must now weigh the risks of adopting an aggressive policy to destroy the Islamic State against resisting any action that could result in the death of another American.>>
  • HEALTH ALERT: Peanut butter recall for salmonella

    HEALTH ALERT: Peanut butter recall for salmonella

    Wednesday, August 20 2014 9:50 AM EDT2014-08-20 13:50:34 GMT
    KHQ.COM - The FDA announced a peanut butter recall on August 19th. nSpired Natural Foods, Inc. is voluntarily recalling certain retail lots of Arrowhead Mills® Peanut Butters, MaraNatha® Almond Butters and Peanut Butters and specific private label nut butters packaged in glass and plastic jars because they have the potential to be contaminated with Salmonella. >>>LINK TO RECALL LIST INSIDE>>>>>
    KHQ.COM - The FDA announced a peanut butter recall on August 19th. nSpired Natural Foods, Inc. is voluntarily recalling certain retail lots of Arrowhead Mills® Peanut Butters, MaraNatha® Almond Butters and Peanut Butters and specific private label nut butters packaged in glass and plastic jars because they have the potential to be contaminated with Salmonella. >>>LINK TO RECALL LIST INSIDE>>>
    >>