The Park Record reports today that, according to Securities and Exchange Commission documents, Talisker made the payment and closed the deal on Monday.

The Canyons Resort, the final vestige of the American Skiing Co. empire, becomes the property of the same company that bought United Park City Mines and is converting its property along Deer Valley's fringes into a posh ski and golf development.

Talisker Canyons Finance Co. LLC, a subsidiary of the Toronto-based real estate development and investment company Talisker Corp., also is assuming responsibility for pending litigation in which the resort's former owner, Wolf Mountain, contends it should regain the property because American Skiing defaulted on a lease.

That trial is projected to take place early next year in Park City's 3rd District Court.