DENVER -- The largest resort operator in North America is buying the continents biggest ski area, the site of the 2010 Winter Olympics.Vail Resorts Inc. announced Monday that it was purchasing Whistler Blackcomb Holdings Inc., the Canadian ski resort company, for $1.06 billion, adding to its aggressive expansion.Located in British Columbia, Whistler Blackcomb is the largest and most visited ski resort in North America. Colorados Vail is frequently the most visited ski resort in the U.S.Two years ago, Vail Resorts bought Utahs Park City Mountain Resort for $182.5 million and merged it with a neighboring resort. It operates nine mountain resorts and two ski areas in the U.S. and Australia.The new deal is expected to close in the fall.Whistler Blackcomb is one of the most iconic mountain resorts in the world with an incredible history, passionate employees and a strong community, Vail Resorts CEO Rob Katz said in a statement.Shares of Whistler Blackcomb rose above $27.36 ($36 Canadian) each in Toronto. In New York, Vail Resorts stock also was trading at the highest rate in at least a decade, reaching about $154 per share midday.Under the transaction, Vail Resorts would acquire all the stock of Whistler Blackcomb, whose shareholders would receive $13.30 (Canadian $17.50) per share in cash and 0.0975 share of Vail Resorts common stock, for a total value of $27.36 (Canadian $36) per share.This relationship will bring greater resources to support our current operations and our ambitious growth plans, Whistler CEO Dave Brownlie said in a statement.Brownlie will stay on as Whistler Blackcombs chief operating officer and will become a member of the senior leadership team of Vail Resorts mountain division, the companies said.Vail Resorts intends to retain the vast majority of Whistler Blackcomb employees, while only impacting a few select areas where there may be duplication in corporate functions, the companies said.Whistler Blackcomb will honor the resorts existing season passes. Vail Resorts plans to integrate Whistler into its Epic Season Pass for the 2017-18 winter season.In addition to Vail and Park City, Vail Resorts operates Colorados Breckenridge, Beaver Creek and Keystone ski resorts. In California, Vail operates Heavenly, Northstar and Kirkwood ski areas. It also has ski resorts in Michigan, Minnesota and Wisconsin.Wholesale Nike Shoes . Carey Price didnt, but he still came out on top against one of his rivals for the No. 1 job at the Sochi Games. The Anahim Lake, B.C., native was stellar in making 39 saves in his home province and Lars Eller got credit for a bizarre short-handed winner as the Canadiens defeated the Canucks 4-1. Cheap Nike Shoes From China . Once again Jordan Cieciwa (@FitCityJordan) and I (@LynchOnSports) go head to head in our picks. Last weekend at UFC Fight Night 32 my #TeamLynch got the best of #TeamJC by a score of 9-6. 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Jamie Redknapp joins Ed Chamberlin to preview Sundays clash at Old Trafford They remain in the mix for their first league success since 2004, though, after beating leaders Leicester in their last outing. Arsenal will also be boosted by their 3-0 win over United at the Emirates in October, when two goals from Alexis Sanchez and a Mesut Ozil strike gave Wengers men a commanding lead inside the opening 20 minutes.They have struggled in front of goal lately but Wenger has backed his side to rediscover their goalscoring touch on Sunday.They will all get back (to their best), said Wenger. We have to raise our level at the right moment. You want to raise your level and after, individually, the players will benefit from that.When we attack well, Sanchez will be very dangerous so we have to focus on attacking well together and after that its important to remember that we worked very hard to be in this position.At half-time against Leicester [losing 1-0], we were eight points behind them. 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I think thats something we need to emphasise.Watch Manchester United v Arsenal on Super Sunday. Coverage begins on Sky Sports 1 HD at 1pm.Also See:Arsenal have too much for UtdSky Live: Man Utd v ArsenalLack of goals concerns WengerArsenal video ' ' '