Baron Capital Backs Vail Resorts
Baron Capital has thrown its support behind Vail Resorts management in a contentious boardroom fight against activist investor Oasis Management. The firm condemned efforts by Oasis and tech executive Matthew Prince to force asset sales.
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VAIL RESORTS INC secured backing from its largest investor, Baron Capital, on Friday as the ski operator faces an activist campaign led by Oasis Management. Ron Baron's firm, holding an 18% stake as of June, will support management at next month's boardroom election.
