Business briefs, April 1-4
Parkite earns prestigious recognition
Park City resident Carl Laurella has been named the top financial adviser in Utah by Barron’s magazine’s annual list of the top 1,200 advisers in the country. According to a press release, Laurella, who works for Merrill Lynch, was one of only six advisers from Utah that made the cut — and was the top ranked among them. “Carl’s recognition on this list demonstrates the high standards he upholds to ensure exceptional quality and service experience for his clients,” said Mori Paulsen, a market executive for Merrill Lynch, in the release. “He embodies what it means to be a top adviser in the financial services industry.”
Chamber/Bureau to hold member mixer
The Park City Chamber Bureau is set to hold an after-hours mixer for members on April 13. According to the organization’s website, visitparkcity.com, the mixer is an opportunity for members and prospective members to network with one another. The event will be held from 5 to 7 p.m. at the Jeremy Ranch Golf and Country Club and will feature live music and complimentary food and beverages. People wishing to attend are asked to RSVP on the website.
High gas prices expected in Utah
Motorists are closely monitoring the cost of gasoline as they plan their summer vacations. According to a press release from AAA Utah, Americans are concerned about the price of gas and may choose to travel closer to home if gas becomes too costly. Nationally, prices are expected to hover around $2.70 for a gallon. “Trimming travel plans may take on even more importance in Utah where motorists have already seen high prices due to pipeline issues,” said Rolayne Fairclough, AAA Utah spokesperson, in the release. “All Americans will start to see gas prices increase in April with the switchover to summer blends.”
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Vail Resorts has entered into a definitive merger agreement to acquire 100 percent of the outstanding stock of Peak Resorts. Through the acquisition, Vail Resorts will add 17 U.S. ski areas to its network of resorts.