Reports: Gander Mountain preparing to file for bankruptcy
Gander Mountain is preparing to file for bankruptcy, according to the Minneapolis/St. Paul Business Journal.
According to the Business Journal, a report from Reuters cites unnamed sources familiar with the matter.
Officials with the St. Paul, Minnesota-based hunting and outdoor retailer have hired Minneapolis law firm Fredrikson & Byron and New Brighton-based Lighthouse Management Group as a financial advisory firm as it prepares its filing, the Business Journal is reporting.
Gander Mountain officials declined to comment, with a spokesman telling the Star Tribune: “They’ve taken a vow of silence.”
CLICK HERE for more on this developing story via the Minneapolis/St. Paul Business Journal.