Even though the going out of business sign remains, the Marion Gander Mountain location will remain open as 70 stores nationwide are slated to remain open. Regionally, the one in Evansville, IN will as well. The other stores in the region’s fate is not final as the list will expand daily. (Southern Illinoisan photo)
LINCOLNSHIRE, Ill.–(BUSINESS WIRE)– On May 1, 2017, Camping World Holdings, Inc. (NYSE:CWH) (“Camping World”), the nation’s largest network of RV-centric retail locations and only provider of a comprehensive portfolio of services, protection plans, products and resources for the outdoor enthusiast, announced the planned acquisition of certain assets of Gander Mountain Company(“Gander Mountain”) and its Overton’s, Inc. (“Overton’s”) boating business, following Camping World’s successful bid for certain assets of Gander Mountain and Overton’s in a bankruptcy auction on April 27, 2017 and April 28, 2017. On May 4, 2017, the transaction was approved by the United States Bankruptcy Court for the District of Minnesota (the “Bankruptcy Court”).
On May 5, 2017, CWI, Inc., an indirect wholly-owned subsidiary of Camping World, entered into an asset purchase agreement (the “Agreement”) with Gander Mountain. As part of the Agreement, Camping World obtained the right to designate any real estate leases for assignment to Camping World or other third parties and initially plans to operate stores that it believes have a clear path to profitability. Marcus Lemonis, Chairman and CEO of Camping World, stated “after reviewing the stores in more detail since our successel bid in the bankruptcy process, our current goal is operate seventy or more, locations subject to, among other things, our ability to negotiate lease terms with landlords on terms acceptable to us and approval of the Bankruptcy Court. The current liquidation of the existing Gander Mountain inventory will allow us to start with a clean slate of what we consider the appropriate mix and level of inventory, including the addition of Camping World and Overton’s offerings where appropriate.”
About Camping World Holdings, Inc.
Camping World Holdings Inc. (NYSE: CWH) is the only provider of a comprehensive portfolio of services, protection plans, products and resources for recreational vehicle (“RV”) enthusiasts. Through its two iconic brands, Camping World and Good Sam, the company offers new and used RVs for sale, vehicle service and maintenance along with more than 10,000 products and services through its retail locations and membership clubs. Good Sam branded offerings provide the industry’s broadest and deepest range of services, protection plans, products and resources while the Camping World brand operates the largest national network of RV-centric retail locations in the United States through over 125 retail locations in 36 states and an e-commerce platform. With both brands founded in 1966, product and service offerings are based on 50 years of experience and customer feedback from RV enthusiasts.
For more information, visit www.CampingWorld.com.
On Saturday May 6, 2017 at 3:50 pm The Benton Fire Dept. Dive-Rescue team was requested mutual aid to the West City Fire Dept. for a male subject on the roof of a vehicle submerged in water on Yellowbanks Rd.
food and crafts.
MURPHYSBORO, IL (Zach Robinson, KFVS-TV Please Click by reading the full story here is an excerpt) Flooded farmland in Murphysboro turned into a perfect place to make a huge catch on Friday. Louis Glidewell and his son Charles were fishing from on an old railroad bed when they reeled in a monster flathead catfish. To see just how big it was, check out the full story on Heartland Weekend. 
So far this system has behaved itself, and not aggravating the flood situation. In last report both lanes of 148 south of Zeigler are now open.
