- Associated Press - Sunday, October 11, 2015

RANGELEY, Maine (AP) - Operators of Maine’s Saddleback ski mountain say they may have an announcement this week.

Operators of the ski mountain in Rangeley announced via social media that they’re in “serious negotiations” with a potential buyer who plans to open the resort for the winter.

Owner Mark Berry said previously that the resort would close if it could not replace a 51-year-old double chairlift with a faster, modern four-person lift. Since then there have been discussions with several buyers.

The resort, most of its 121 condominiums and 400 acres were put on the market in 2012 for $14 million. It’s currently for sale for $9.5 million with 2,070 acres.

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