Saddleback
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PublishedJanuary 4, 2020
Saddleback buyers seek loan from Maine Rural Development Authority
Arctaris, a Boston firm, also wants loan insurance from the Finance Authority of Maine in a $6.5 million deal to reopen the ski resort.
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PublishedDecember 20, 2019
Buyers postpone Saddleback purchase while state reviews backing
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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PublishedDecember 9, 2019
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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PublishedNovember 8, 2019
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.
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PublishedNovember 7, 2019
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.
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PublishedOctober 5, 2019
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.
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PublishedSeptember 21, 2019
Talks to reopen Saddleback Mountain ski resort stall
A potential deal between the owners and Boston investors, announced in June, collapses amid finger-pointing and accusations.
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PublishedJuly 13, 2019
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.
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PublishedApril 7, 2019
Skiing in Maine: Dad’s advice provided valuable lessons – including about skiing
Our ski columnist reflects on tips from his father, Maine Ski Hall of Famer John Christie.
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PublishedMarch 15, 2019
New prospective buyer takes another run at getting Saddleback ski area back in business
A purchase price for the Rangeley-area resort, which has been closed since 2015, was not disclosed.