UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (date of earliest event reported) March 21, 2000
BOOTH CREEK SKI HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Delaware 333-26091 84-1359604
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File No.) Identification No.)
1000 South Frontage Road West, Suite 1000
Vail, Colorado 81657
(Address, including zip code, of principal executive offices)
Registrant's telephone number, including area code: (970) 476-1311
No Change
(Former name or former address, if changed since last report.)
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Item 5. Other Events.
On March 21, 2000, Booth Creek Ski Holdings, Inc. (the "Company") and
GT Acquisition I, LLC ("GT Acquisition"), an entity formed and controlled by
the Chairman and Chief Executive Officer of the Company, entered into an Asset
Purchase Agreement pursuant to which the Company agreed to sell to GT
Acquisition all of the assets associated with the Grand Targhee resort for $11
million in cash, subject to certain adjustments. The sale of the Grand Targhee
resort to GT Acquisition closed on June 20, 2000. At the closing of the
transaction, GT Acquisition assumed all liabilities relating to the Grand
Targhee resort.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Description of Exhibit Exhibit No.
---------------------- -----------
Asset Purchase Agreement, as modified and amended, 10.1
by and between Booth Creek Ski Holdings, Inc., a
Delaware corporation, as Seller, and GT Acquisition,
LLC, a Delaware limited liability company, as Buyer
dated as of March 21, 2000.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
BOOTH CREEK SKI HOLDINGS, INC.
Dated: July 6, 2000 By: /s/ Brian J. Pope
-----------------------
Name: Brian J. Pope
Title: Vice President of Accounting and
Finance
<PAGE>
Exhibit Index
Description of Exhibit Exhibit No.
---------------------- -----------
Asset Purchase Agreement, as modified and amended, 10.1
by and between Booth Creek Ski Holdings, Inc., a
Delaware corporation, as Seller, and GT Acquisition,
LLC, a Delaware limited liability company, as Buyer
dated as of March 21, 2000.
