Oasis Raises Vail Resorts Stake to 9.6% as Board Battle Intensifies

Analysis | Taylor: New Oasis SEC filing blames Katz for crowding, high prices, strained mountain town relationships

Oasis Management, the Hong Kong-based investment firm currently locked in a proxy fight with Vail Resorts, fired its most aggressive salvo at VR’s management and board on Oct. 13, calling for shareholders to vote for its slate of four independent directors and withhold their votes from at least four of the nine nominees supported by Vail Resorts management, all of whom are currently directors of the beleaguered company. In a filing with Securiti…

Oasis Raises Vail Resorts Stake to 9.6% as Board Battle Intensifies

Oasis Management has raised its stake in Vail Resorts to 9.6% and filed a preliminary proxy statement seeking four board seats, escalating its campaign for strategic changes.

Hedge fund nominates two Park City skiers in Vail Resorts proxy fight

PARK CITY, Utah — Oasis Management now holds 9.6% of Vail Resorts (NYSE: MTN), up from the 6.2% it disclosed a month ago, and on Tuesday, Oct. 13, it formally asked shareholders to elect four of its own candidates to the company’s board. That makes it a proxy fight. Vail elects its entire board every year, and both sides will now send shareholders competing ballots. Oasis is asking investors to use its blue card rather than the white one Vail ha…