"Gander Mountain filed for Chapter 11 bankruptcy reorganization on Friday. Gander Mountain, the nation's largest chain of outdoors specialty stores, filed Friday for Chapter 11 bankruptcy protection from its creditors with the aim of selling the business.
The company, which is seeking a buyer, said it will be closing 32 of its 162 stores in the next few weeks.
Gander also filed for bankruptcy Friday for Overton's Inc., a wholly owned subsidiary in North Carolina that sells boating gear and outdoor equipment through the internet and catalog sales. Gander tried selling Overton's last year to help the company address its financial problems, but no buyer was found."
http://www.startribune.com/gander-mo...tcy/415902624/
The company, which is seeking a buyer, said it will be closing 32 of its 162 stores in the next few weeks.
Gander also filed for bankruptcy Friday for Overton's Inc., a wholly owned subsidiary in North Carolina that sells boating gear and outdoor equipment through the internet and catalog sales. Gander tried selling Overton's last year to help the company address its financial problems, but no buyer was found."
http://www.startribune.com/gander-mo...tcy/415902624/