CHARLOTTE, N.C., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Late Apex Partners, LLC (together with its affiliates, “LAP” or “we”), which has made an investment in Vail Resorts, Inc. (“Vail” or ...

6 days ago · Late Apex Partners said its stake in Vail Resorts is the firm’s single largest position. In December Vail Resorts reported that for the first time ever, it sold fewer Epic Passes than it did the year before. The company’s stock was trading up 4% Monday.

6 days ago · Late Apex Partners Issues Letter to Vail Resorts, Inc. Board of Directors. PRESS RELEASE GlobeNewswire . Jan. 27, 2025, 09:00 AM. ... Late Apex Partners, LLC (“LAP”) is a best ideas fund ...

6 days ago · CHARLOTTE, N.C., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Late Apex Partners, LLC (together with its affiliates, “LAP” or “we”), which has made an investment in Vail Resorts, Inc. (“Vail” or ...

5 days ago · Vail Resorts shareholder Late Apex Partners LLC sent a letter Monday to the resort company’s board expressing alarm at what the firm called deteriorating brand value and demanding change. In the letter, Late Apex founder Taylor Schmidt said, “Over the past five years, Vail’s performance has been unacceptable. We believe Vail is fixable, but the […]

6 days ago · Vail Resorts is facing mounting pressure from shareholder Late Apex Partners, which called for sweeping changes at the ski resort operator in a letter released Monday.The activist investor, whose ...

6 days ago · Accompanying Late Apex’s letter was an 88-page presentation laying out what the firm sees as “a clear path to a valuation of $400 per share, or 140-per-cent equity upside,” through changes across Vail’s operations, management, governance, and capital allocation. In particular, the firm wants Vail Resorts to cut its dividend by 80 per cent.

6 days ago · From 2019 to 2024, “Resort Reported EBITDA” has increased 18% yet FCF has declined -15%. 1 Insiders have been paid $47M (CEO Lynch has made $19M) in the last three years while shareholders ...

Scrutiny around Vail Resorts MTN-1.09%decrease; red down pointing triangle is growing. Late Apex Partners, whose funds currently own shares in the hospitality company, said in a letter that Vail ...

5 days ago · The investment firm Late Apex Partners (LAP) has called for an executive overhaul of Vail Resorts, the publicly traded company that owns and operates 42 mountain resorts around the world and has ...