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.

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.

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.

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.

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.

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.

Boston investment firm offers to buy Saddleback

The Rangeley ski resort has been closed since 2015.

After would-be buyer arrested, Maine group eyes Saddleback

CEO whose company is buying Saddleback accused of fraud

Franklin County 4-H members learn about wind turbines