Two Maine ski resorts could be sold along with other assets

Skiing assets sold to New York hedge fund group.

(NEWS CENTER) -- A New York hedge fund wants to assume ownership of properties currently held by CNL Lifestyle Properties for $830 million dollars in cash and stock.
 
If the deal closes, it would be the largest single ski resort transaction in history.
 
The resorts say skiers won't see any immediate changes -- they have long-term operating leases that will remain in place for years.

Copyright 2016 WCSH


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