Saddleback ski area draws attention of co-op group

Ski industry experts are closely watching an effort by a group hoping to raise $20 million to purchase Saddleback and create what would become only the nation’s second cooperatively owned ski resort.

Peter Stein, a home owner at Saddleback and the chair of the nonprofit Saddleback Mountain Foundation, said his group had discussions with the Berry family, which owns the Rangeley ski area.

Saddleback never opened last season and the ski area is for sale. A group interested in it said there's a narrow path to opening this winter.Saddleback never opened last season and the ski area is for sale. A group interested in it said there's a narrow path to opening this winter.


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But Stein cautions that his group – composed of Saddleback skiers and local business owners – still has much work to do, including creating

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