My guess is that after unsuccessfully trying to sell Solitude with Deer Valley, its owners Stearns and Penske, not knowing what to do with that small, challenging resort simply threw the towel and chose to unload it to Alterra rather than having to run it themselves. Alterra probably didn't pay much, if at all for this last acquisition, and it might be possible that the sellers will be bringing some money at closing to sweeten the deal.
What is interesting is what will become of Brighton, its next door neighbor. Adjacent to Park City Mountain, it could be a logical and strategic high altitude extension of the resort owned by Vail, but Boyne Mountain, Brighton's parent company already has accords with Alterra through its Ikon pass involving Big Sky.
Time will tell, but the merger mania is currently so fluid that we might know sooner than later...
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