Sackler Family Extends Ties to N.H.'s Attitash, Crotched Mountain and Wildcat Resorts
Members of the Sackler family, owners of Purdue Pharma, have acquired a significant stake in Peak Resorts, according to SEC filings.
Peak operates Attitash, Crotched Mountain and Wildcat resorts in New Hampshire, as well as Mount Snow in Vermont.
Purdue is facing hundreds of lawsuits across the country, including from the State of New Hampshire, charging that company executives knowingly fueled the opioid crisis by aggressively promoting their drug OxyContin.
According to multiple news reports earlier this year, the company is considering filing for bankruptcy in the face of billions of dollars in legal settlements and fees.
Correction: This article previously stated that members of the Sackler family acquired a controlling stake in Peak Resorts. In fact, under the terms of the deal, Sackler family members currently own less than 50 percent of the company's shares.