Sun Valley has spawned some memorably awful megadeals — it’s a complete joke now

Charles Gasparino Business Sun Valley has spawned some memorably awful megadeals — it’s a complete joke now By Charles Gasparino Published July 4, 2026, 7:51 p.m. ET The Sun Valley Resort is seen during the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, U.S., July 9, 2019. REUTERS See more of our coverage in your search results. Add The New York Post on Google Maybe the best incubator of the worst deals in Wall Street history is happening once again this week in Sun Valley, Idaho — the so-called “summer camp for billionaires” sponsored by investment bank Allen & Co. High in the mountains at private parties and aboard their private jets, media mavens think big thoughts about what companies they can smash together.

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