Intrawest Resorts, a mountain resort operator controlled by Fortress Investment Group, priced its IPO at $12 per share and went public. Company shares now trade on the NYSE under the symbol SNOW. Intrawest owns interests in seven four-season mountain resorts with over 11,000 skiable acres and over 1,150 acres of land available for real estate development. Fortress took the company private through a heavily leveraged $2.8 billion buyout in 2006. The company refinanced a $1.7 billion loan in 2008 that helped it stave off bankruptcy, and received another $150 million in equity from Fortress in 2010. Shares ended their debut down a notch at $11.90.