Group Resorts News Today

With the sale finalized, Pacific Group Resorts takes ownership of the Northeast Kingdom ski area as it emerges from a financial scandal that landed its past owner and company president in prison.

A federal judge in September approved the company's $76 million bid to buy Jay Peak Resort in Vermont after it won an auction for the ski area.

A federal judge in September approved the companys $76 million bid to buy Jay Peak after it won an auction for the ski area.

A Utah-based company now owns a second ski resort in the region.

Utah-based Pacific Group Resort has completed its purchase of Jay Peak Resort, the northern Vermont ski area that was at the center of a financial scandal...

JAY, Vt. (AP) — A Utah-based resort company has completed its purchase of Jay Peak Resort, the northern Vermont ski area that was at the center of a financial scandal involving its former owner and president.

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Articles from the tag: Jay Peak

The sale marks a fresh start for Jay Peak after years of controversy involving the EB 5 fraud scandal, as the resort’s previous owners face prison time.

The ski area was at the center of a financial scandal involving its former owner and president.