History is paid.
| Position | Western |
A Denver-based private-equity firm has agreed to buy the Grove Park Inn Resort & Spa, a 99-year-old Asheville landmark, for an undisclosed sum in a deal expected to close this month. KSL Capital Partners LLC will spend $25 million to renovate the 512-room resort, which includes a Donald Ross-designed golf course and 55,000 square feet of meeting space, as part its centennial next year. Dallas-based Sammons Enterprises Inc.. has owned the inn--built by E.W. Grove, maker of Grove's Tasteless Chill Tonic, and his...
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