OxyContin’s Sackler Family Will Get Millions From A Ski Resort Operator’s Sale [Forbes]
Vail Resorts, Inc. (MTN)
Last vail resorts, inc. earnings: 3/9 04:01 pm
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Source: Forbes
OxyContin’s Sackler Family Will Get Millions From A Ski Resort Operator’s Sale Vail Resorts, a publicly traded operator of ski resorts, announced on Monday One major beneficiary of the acquisition: the Sacklers, the family behind Purdue Pharma, the manufacturer of pain drug OxyContin. According to Peak Resorts’ latest annual proxy August 2015 Richard is the former chairman and president of Purdue Pharma. His brother, Jonathan, is a former board member. Nearly every state has filed lawsuits against Purdue Pharma and its owners, including eight Sackler family members, alleging the company caused a nationwide public health crisis around opioid addiction and opioid overdose deaths. One lawsuit alleges that Purdue Pharma had brought in more than $35 billion in revenues since 1995. The Sacklers, worth an estimated $13 billion based largely on the value of Purdue Pharma, built their fortune primarily through sales of OxyContin, a highly addictive painkiller that has been called by the medi
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News
- CPI PROPERTY GROUP - Sale of Crans Montana Ski Resort [Yahoo! Finance]Yahoo! Finance
- Vail Resorts Closes on Acquisition of Crans-Montana Mountain Resort in Switzerland, the Company's Second Ski Resort in Europe [Yahoo! Finance]Yahoo! Finance
- Vail Resorts Closes on Acquisition of Crans-Montana Mountain Resort in Switzerland, the Company's Second Ski Resort in EuropePR Newswire
- Leading Brands Unveil Exclusive Offers for Verified Military Members During National Military Appreciation Month [Yahoo! Finance]Yahoo! Finance
- Here's Why Baron Real Estate Fund Exited Vail Resorts (MTN) [Yahoo! Finance]Yahoo! Finance
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- 5/3/24 - Form 3
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