Stories Related to Investor’s Arrest Opens New Talks For Saddleback Reboot, Nonprofit Says

An organization that wants to reopen Rangeley’s Saddleback Mountain hopes to get the mountain’s current owners back to the negotiation table after the CEO of the resort’s prospective buyer was arrested in Australia on fraud charges Thursday. The Saddleback Mountain Foundation wants to buy the mountain and has “been working on our financing and funding package for the last several months,” Crystal Canney, executive director of the nonprofit, said. The current owners of the mountain, Bill and Irene Berry, began seeking a buyer in 2015.