Mel Gibson Sells 45,000-Acre Montana Ranch to Neighbors on Handshake Deal; Price Undisclosed

Actor Mel Gibson has sold his 45,000-acre Beartooth Ranch in a multimillion-dollar handshake deal with a neighbor, the buyers said.

Kent and Pam Williams said they signed the deed in the last week, but said the agreement prevents either party from divulging the purchase price.

"Pam and I were worried that if it got in the wrong hands, the valley would be subdivided and split up," Kent Williams told The Billings Gazette, which reported the sale Sunday.

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