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January 13, 2016

Saddleback officials say a deal is near

The frustrations of season passholders at Saddleback Maine in Rangeley could soon be over.

The Bangor Daily News reported that the resort’s owners, Bill and Irene Berry of Farmington, said last week they are close to selling the resort to an unnamed buyer in a deal that could open the mountain this season. The owners told the paper the transaction “is still moving forward” and that they just needed to complete paperwork before preparing the resort to restart operations.

The future of the ski resort has been in doubt since its owners said last July that the mountain wouldn't open for the upcoming season without $3 million in funding for a new central ski lift. It's been on the market since 2012, when Berry family listed the property for $12 million.

The Berrys purchased Saddleback in 2003 and invested $40 million in the resort, adding trails, two quad chairlifts, a new base lodge and expanding snowmaking at the 4,120-foot ski mountain.

Saddleback is the third-largest ski mountain in Maine and the third-largest employer in Franklin County.

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