Community Effort to Purchase Mt. Bachelor Fails

Mt. Bachelor Community Inc (MBCI), otherwise known as the group of Bend, OR locals that organized an attempt to purchase the ski area from its current owners, Powdr Corp., have released an update on their attempt. MBCI's update states that the organization was ultimately unable to submit a bid to purchase the mountain, which was estimated to cost around $200M, "due to time constraints " and competing with other bidders who had a five month head start.The update notes their, "...mission