UNITEDTable STATES SECURITIESof AND EXCHANGE COMMISSION Washington, D.C. 20549Contents

~~FORM~~UNITED ~~8-K~~STATES SECURITIES AND EXCHANGE COMMISSION

~~CURRENT~~Washington, ~~REPORT~~D.C. 20549

~~PURSUANT~~FORM ~~TO SECTION 13 OR 15(D)~~8-K ~~OF THE SECURITIES EXCHANGE ACT OF 1934~~

~~Date~~CURRENT ~~of Report (Date of earliest~~REPORT ~~event reported): June 4, 2007~~

~~AMERICAN~~PURSUANT ~~SKIING~~TO ~~COMPANY (Exact~~SECTION ~~name~~13 ofOR ~~registrant~~15(D) OF THE asSECURITIES ~~specified~~EXCHANGE inACT ~~its~~OF ~~charter)~~1934

Delaware		1-13057		04-3373730
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(I.R.S. Employer Identification No.)

Date of Report (Date of earliest event reported): July 30, 2007

~~136~~AMERICAN ~~HEBER~~SKIING ~~AVENUE, SUITE 303, PARK~~COMPANY ~~CITY, UTAH 84060 (Address of principal executive offices)~~

~~Registrant’s~~(Exact ~~telephone~~name ~~number, including~~of ~~area~~registrant ~~code:~~as ~~(435)~~specified ~~615-0340~~in its charter)

N/A (Former name or former address, if changed since last report.)


Delaware	1-13057	04-3373730
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)

~~Check the~~136 ~~appropriate~~HEBER ~~box~~AVENUE, ~~below~~SUITE if303, ~~the~~PARK ~~Form~~CITY, ~~8-K~~UTAH ~~filing is intended to simultaneously~~84060 ~~satisfy~~(Address ~~the filing obligation~~ of ~~the~~principal ~~registrant~~executive ~~under any of the following provisions (see General Instruction A.2. below~~offices):

~~o Written communications~~Registrant’s ~~pursuant~~telephone tonumber, ~~Rule~~including ~~425~~area ~~under~~code: ~~the Securities Act~~ (~~17 CFR 230.425~~435) 615-0340

~~o Soliciting~~N/A (Former ~~material~~name ~~pursuant~~or toformer ~~Rule~~address, ~~14a-12~~if ~~under~~changed ~~the~~since ~~Exchange~~last ~~Act (17 CFR 240~~report.~~14a-12~~)

~~o Pre~~ Check the appropriate box below if the Form 8-~~commencement communications~~K ~~pursuant~~filing is intended to ~~Rule~~simultaneously satisfy ~~14d-2(b)~~the filing obligation of the registrant under any of the ~~Exchange~~following ~~Act~~provisions (17see ~~CFR~~General ~~240~~Instruction A.~~14d-~~2(b. below)):

o ~~Pre-commencement~~ Written communications pursuant to Rule 425 ~~13e-4(c)~~ under the ~~Exchange~~Securities Act (17 CFR ~~240~~ 230.~~13e-4(c~~425))

~~ITEM~~o Soliciting ~~1.01.~~material ~~ENTRY~~pursuant ~~INTO~~to ARule 14a-12 ~~MATERIAL~~under ~~DEFINITIVE~~the ~~AGREEMENT~~Exchange Act (17 CFR 240.14a-12)

~~On June 4, 2007, American Skiing Company (the “Company”) and its subsidiaries S~~o Pre-~~K-I~~commencement ~~Ltd~~communications (“SKI”), Sunday River Skiway Corporation (“SRSC”) and Sugarloaf Mountain Corporation (“SMC”) entered into a purchase agreement (the “Purchase Agreement”) with Boyne USA, Inc. (“Boyne”) pursuant to ~~which the Company has agreed to sell, and Boyne has agreed to purchase, all of the Company’s stock in SRSC, the owner and operator of the Sunday River ski resort~~ Rule 14d-2(~~“Sunday River”~~b), ~~and~~under ~~SMC,~~ the ~~owner~~Exchange ~~and operator~~Act ~~of the Sugarloaf/USA ski resort~~ (~~“Sugarloaf/USA”). The purchase price to be paid for SRSC and~~17 ~~SMC~~CFR ~~by Boyne is $77~~240.~~0 million in cash, plus the assumption of approximately $~~14d-2~~.0 million in debt and other liabilities.~~ (b)) ~~The purchase price is subject to certain customary adjustments, including reimbursement of the Company for pre-closing capital expenditures of SRSC and SMC, as set forth in the Purchase Agreement.~~

~~The~~o Pre-commencement ~~closing~~communications onpursuant ~~the sale of the Sunday River and Sugarloaf/USA resorts is subject~~ to ~~the satisfaction~~Rule 13e-4(c) ~~of customary contingencies, including the expiration or termination of all applicable waiting periods~~ under the ~~Hart-Scott-Rodino Antitrust~~Exchange ~~Improvements~~ Act ~~of 1976. The~~(17 ~~Purchase~~CFR ~~Agreement is also subject to the approval of the stockholders of American Skiing Company~~240.13e-4(c))

~~The~~TABLE ~~Purchase Agreement~~OF contains customary covenants and agreements of the parties, including with respect to the operation of SRSC’s and SMC’s business in the ordinary course between signing and closing, public disclosure, employee matters, non-solicitation of employees and similar matters. The Purchase Agreement also contains covenants with respect to existing reciprocal rights and other transitional matters. The Purchase Agreement contains customary indemnification obligations.CONTENTS

The Purchase Agreement may be terminated by mutual agreement of the parties or by either party upon a breach that remains uncured for 30 days notice or if the transaction is not consummated by July 31, 2007. The Company expects the transaction to close on or before July 31, 2007. The Company expects to use the net proceeds from the sale for working capital purposes or as otherwise determined by the board of directors of the Company.


	Item 8.01. Other Events
	Item 9.01 Financial Statements and Exhibits.
SIGNATURES
INDEX TO EXHIBITS
EXHIBIT 10.1

CertainTable statements contained in this Report constitute forward-looking statements under U.S. federal securities laws. These forward-looking statements reflect our current expectations concerning future results and events. Similarly, statements that describe our objectives, plans or goals are or may be forward-looking statements. Such forward-looking statements involve a number of risks and uncertainties. In addition to factors discussed above, other factors that could cause actual results, performances or achievements to differ materially from those projected include factors listed from time to time in our documents we have filed with the Securities and Exchange Commission. We caution the reader that this list is not exhaustive. We operate in a changing business environment and new risks arise from time to time. The forward-looking statements included in this Report are made only as of the date of this Report and we do not have or undertake any obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances other than as required by applicable federal securities laws.Contents

2Item 8.01. Other Events

~~Item~~ As ~~9.01~~previously ~~Financial~~reported ~~Statements~~in the Form 8-K filing of American Skiing Company (the “Company”) dated July 16, 2007, the Company has entered into agreements to sell The Canyons resort to Talisker Canyons Finance Co LLC and ~~Exhibits~~Talisker Corporation. A copy of the definitive agreement for such transaction is filed in conjunction with this report.

~~(d) Exhibits~~ Certain statements contained in this Report constitute forward-looking statements under U.S. federal securities laws. These forward-looking statements reflect our current expectations concerning future results and events. Similarly, statements that describe our objectives, plans or goals are or may be forward-looking statements. Such forward-looking statements involve a number of risks and uncertainties. In addition to factors discussed above, other factors that could cause actual results, performances or achievements to differ materially from those projected include factors listed from time to time in our documents we have filed with the Securities and Exchange Commission. We caution the reader that this list is not exhaustive. We operate in a changing business environment and new risks arise from time to time. The forward-looking statements included in this Report are made only as of the date of this Report and we do not have or undertake any obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances other than as required by applicable federal securities laws.

~~Exhibit 99~~Item 9.~~1 Press~~01 ~~Release~~Financial ~~dated~~Statements ~~June~~and ~~5, 2007~~Exhibits.

3 (d) Exhibits

~~SIGNATURES~~Exhibit 10.1 Purchase Agreement by and among American Skiing Company, ASC Utah, Talisker Canyons Finance Co LLC and Talisker Corporation dated July 15, 2007

~~Pursuant to the requirements of the Securities~~1 ~~Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.~~

Date: June 5, 2007	American Skiing Company
	By:	/s/ Foster A. Stewart, Jr.
	Name:	Foster A. Stewart, Jr.
	Title:	Senior Vice President and General Counsel

4SIGNATURES

~~INDEX~~Pursuant TOto ~~EXHIBITS~~the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

99.1 Press Release dated June 5, 2007


Date: July 30, 2007	American Skiing Company
	By:	/s/ Foster A. Stewart, Jr.
		Name:	Foster A. Stewart, Jr.
		Title:	Senior Vice President and General Counsel

INDEX TO EXHIBITS


10.1		Purchase Agreement by and among American Skiing Company, ASC Utah, Talisker Canyons Finance Co LLC and Talisker Corporation dated July 15, 2007

UNITEDTable STATES SECURITIESof AND EXCHANGE COMMISSION Washington, D.C. 20549Contents

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