Deals

Gander Mountain Said to Draw Sportsman's Warehouse Interest

  • Offer may keep 80% of the outdoor sports chain’s stores open
  • Hilco and Gordon are lined up to liquidate unwanted locations
Photographer: campbellphotostudio/Getty Images/iStockphoto
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Gander Mountain Co., the bankrupt retailer of hunting and fishing gear, has attracted buyer interest that could keep most of its stores open after the company restructures its debt, according to people with knowledge of the matter.

Sportsman’s Warehouse Holdings Inc. is planning to bid for as many as 80 percent of Gander Mountain’s stores, said the people, who asked not to be named because the discussions are private. Sportsman’s Warehouse is still deciding whether it would keep the Gander Mountain name on those locations or run them under its own brand, the people said.