Colorado based company, Vail Resorts, will purchase Afton Alps, Fox News reported.
Vail Resorts owns the famed Vail Mountain in Colorado among other resorts, the Star Tribune reported.
Vail Resorts acquired Afton Alps and Mount Brighton, a ski resort near Detroit, Mich., for $20 million, Fox News reported.
One of the things Vail Resorts hopes to do for Afton Alps is improve their snow making capabilities to help lengthen the ski season, Fox News reported.
The Star Tribune added that money will be spent updating the facilities and implementing new programs to encourage more people to get involved in skiing.
All parties involve expect the sale to be complete next month, the Star Tribune reported.