Many people predicted the fate of Gander Mountain and now more information is surfacing. By filing for Chapter 11 bankruptcy it allows Gander Mountain to clean up their dirty laundry, consolidate as needed, and potentially sell the company without too much disruption for their customers. Gander Mountain‘s timeline is looking loosely like this:
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- Solicit Bids for their company in late April
- Present the Winning Bid in Bankruptcy Court in early May
- Close the Sale of their company by May 15th
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