RANGELEY (AP) – Saddleback Ski Area in Rangeley has been sold.
According to a statement released Thursday night, the Berry family that owned Saddleback has sold the resort to a Boston-based investment company.
The Associated Press says the resort has been closed since 2015, but the new owners plan to re-open sometime between Thanksgiving and Christmas 2020.
When it was open, Saddleback was the state’s third largest ski area.
According to a joint statement from the buyers and sellers, more than 100,000 skiers visited the Rangeley mountain annually.