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Sacklers’ Ski Resort Sale Gives Rare Peek Into Family Office

  • Raymond Sackler’s heirs set to receive more than $100 million
  • Purdue Pharma, Sacklers fighting wave of opioid lawsuits
Mount Snow in Vermont.
Mount Snow in Vermont.Photographer: Al Bello/Getty Images
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A branch of the Sackler family is set to receive more than $100 million from the sale of a ski resort company, offering a rare glimpse into the sprawling fortune of the family at the center of the opioid epidemic.

Relatives of the late Raymond Sackler hold a 54% stake in Peak Resorts Inc., which operates 17 ski areas including New York’s Hunter Mountain and Mount Snow in Vermont. Vail Resorts Inc. completed its acquisition of Peak on Tuesday, two months after the deal was announced.