The sale of the closed ski resort will be pushed into early next year while the Finance Authority of Maine reviews the buyer’s application for state-backed debt insurance.
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Posted inBusiness, Local & State, News, Outdoors
Prospective Saddleback buyer nears deadline to raise $2 million to close the deal
Arctaris Impact Investors has given itself until Dec. 16 to raise the money through a nonprofit.
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Posted inBusiness, Local & State
Reopening Saddleback will bring more than skiing back to Rangeley area
A range of emotions in Rangeley — “I think everybody around here is very excited,” “I don’t think they want to celebrate until that line is signed” — around the new Saddleback Mountain sale announcement.
Posted inBusiness, Local & State, News, Outdoors
Saddleback sale agreement lifts hopes for long-closed ski area to get up and running
After four years of uncertainty, the ski area near Rangeley is expected to reopen in 2020 under the ownership of a Boston investment company.
Posted inOp-eds, Opinion
Commentary: Take to Maine’s roads – and enjoy some of the nation’s most beautiful scenery
A new law championed by Sen. Susan Collins revives a federal program that promotes and protects scenic roadways.
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: As stewards of God’s creation, we must protect America’s public lands
The Land and Water Conservation Fund – which uses no taxpayer dollars – should receive a full and permanent federal appropriation.
Posted inLocal & State, News
Video: Floatplane crashes in Rangeley Lake
Two men were injured when the plane hit the water Thursday afternoon near Russell Cove.
Posted inBusiness, News
Jalbert named vice president, general manager of Sun Media Group
Sales Executives Dan McManus and Kelly Wade have also been promoted, and the company has hired three new sales executives.
Posted inLocal & State
Body of missing Appalachian Trail hiker is found in Maine
A Maine game warden finds Jeffrey Aylward, 63, of Plymouth, Massachusetts, inside his tent in Township D near Rangeley.
Posted inBusiness, Local & State, News, Sports
Boston investment firm still pursuing purchase of Saddleback ski area
But the Arctaris Impact Fund says the $10 million in federal tax incentives it is eligible for doesn’t figure in those negotiations.