Tag: Cascade Golf Center
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Vivint CEO buying golf course, becoming developer
March 27, 2013Tess Nacelewicz
Vivint has been in the news a lot since it was acquired late last year by the Blackstone Group for more than $2 billion. But the latest scoop is actually about the CEO of the Provo, Utah-based company, Todd Pedersen. He's about to buy a golf course in nearby Orem and turn it into a housing development where he and others will live, according to the Daily Herald, a Provo-based newspaper.
But Pedersen also will give 20 acres of the property back to the city for recreation, the report says.
The paper...