Salt Lake-based online closeout retailer Overstock.com on Friday announced that it had completed its previously announced acquisition of 100 percent of the outstanding capital stock of Park City-based Ski West Inc. for $25 million in cash.

Launched in 2001, Ski West is an online travel company whose technology provides consumer access to lodging, vacation, cruise and transportation deals. The travel offerings are primarily in ski areas in the United States and Canada.

Overstock.com said in a release that it plans to retain Ski West's employees.