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Land Resources / News / Maine

Media mogul John Malone to buy 900K acres in Maine

Source: Bloomberg, by Clarke Canfield
January 25, 2011
Billionaire media mogul John Malone plans to buy more than 900,000 acres of forestland in Maine and New Hampshire in what is thought to be largest land deal in Maine in more than six years.

BBC Land LLC is set to buy the land for an undisclosed price from current owner GMO Renewable Resources. Malone, the chairman of Liberty Media Corp., told The Associated Press in an e-mail that he has had a longtime interest in land conservation. Malone is the founder and manager of BBC Land LLC, according to records filed in Colorado and Maine.

Read the complete article from Bloomberg »

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