Skip to Content
AP National Business

Several buyers interested in forfeited Vermont ski resort

KVIA
By
Published 11:33 AM

By LISA RATHKE
Associated Press

The receiver overseeing the Jay Peak ski area after the former owner was accused of fraud says sale discussions have been taking place with several interested parties this year. Attempts to sell the northern Vermont resort were halted at the start of the coronavirus pandemic. Receiver Michael Golderg filed the ninth interim report in federal court in Florida on Friday about the Jay Peak and Burke Mountain resorts in Vermont. The report says drafts of asset purchase agreements have been exchanged with several interested buyers. The report also states that the closure of the U.S.-Canadian border during the pandemic has hurt over 50% of both resorts’ business.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content