Article: Jay Peak Sale Process Kicks Into Gear

Pacific Group Resorts, owner of Ragged Mountain, has placed a $58 million bid for the Vermont resort.

Over half a dozen years after the U.S. Securities and Exchange Commission raided Jay Peak over an EB-5 Ponzi scheme, the government-appointed receiver has filed a motion to start the bidding process to sell the resort.

Story: Jay Peak Sale Process Kicks Into Gear - NewEnglandSkiIndustry.com