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Intrawest, Abercrombie & Kent join forces to offer unforgettable vacation experiences in the world's most exciting destinations.

Publication: PR Newswire
Publication Date: 07-JUL-04 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Listed: NYSE TSX Symbols: IDR (NYSE) ITW (TSX)

Intrawest Corporation, the world's leading operator and developer of village-centered resorts, announced today that it has acquired a strategic equity interest in the Abercrombie & Kent Group of Companies (A&K), the world's leading luxury adventure-travel company. The companies will provide an expanded range of unique travel, leisure and vacation experiences. The goal is to provide existing and potential customers of both companies with a greater awareness of, and access to, the world's most exciting and desirable vacation experiences in destinations around the globe. Terms of the transaction were not disclosed.

"This is a natural fit for our companies and our customers," said Joe Houssian, Intrawest's chairman, president and chief executive officer....

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