KSL Capital Partners Takes 24% Stake in Canada's Whistler-Blackcomb

KSL Capital Partners has taken a 24% stake in Canadian ski resort owner Whistler Blackcomb Holdings Inc., buying the stake from Intrawest. As a result of the sale, Bill Jensen steps down from his post of director and chief executive, and Wes Edens and Jonathan Ashley each stepped down from the board. The deal is expected to close Wednesday.

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