Jump to content
  • GUESTS

    If you want access to members only forums on HSO, you will gain access only when you Sign-in or Sign-Up .

    This box will disappear once you are signed in as a member. ?

Gander mountain bought out?


SCUMFROG

Recommended Posts

Havn't heard about a buy out. I did hear something about Gander in trouble with the SEC. Possibly fraudulent earnings projections to inflate stock prices. This came out about the same time Gander pulled its sponsorship from the Wisconsin, Illinois and Minnesota bass tours.

Link to comment
Share on other sites

Must be late ice...it is rumor time again.

I have not caught word of any buy-outs. If anything, they are expanding even more.

There is or was a brew-ha with a stock group, some lawsuit about stock splitting and a discrepancy on pay-out formulas. That is common enough when any stock splits lawyers are quick to jump in and try to get a chunk.

Yes boats are in the GM future, as are boat rentals. ATV rentals are another deal soon to be in most centers. Other nifty programs in the pipe too.

Unless GM merged with another large sporting group..and I have not caught even a whiff of that..then is not too likely to be changing names.

Link to comment
Share on other sites

What I heard was that GM was put on notice by it's corporate backer that the money rain was at the station. They said GM had to make it on it's own without any more funding from the home office where ever that is?

"Ace" cool.gif

Link to comment
Share on other sites

Quote:

Havn't heard about a buy out. I did hear something about Gander in trouble with the SEC. Possibly fraudulent earnings projections to inflate stock prices. This came out about the same time Gander pulled its sponsorship from the Wisconsin, Illinois and Minnesota bass tours.


You all know that gander mountain is owned by HOLIDAY CORPORATION that owns all the HOLIDAY gas stations

they are in no trouble of any kind. just executive decisions in what will pay off revenue wise and what won't as far as sponsorship, rentals ect......

For more information go to the hoovers HSOforum

Link to comment
Share on other sites

Quote:

You all know that gander mountain is owned by HOLIDAY CORPORATION that owns all the HOLIDAY gas stations

they are in no trouble of any kind. just executive decisions in what will pay off revenue wise and what won't as far as sponsorship, rentals ect......

For more information go to the hoovers
HSOforum


the Holiday connection was split a while back. That had to be completed before GM could go public. I should know, I used to work at the GM corp office. I beleive Holiday has some financial influence still as a shareholder in GM, but they do not own them outright.

Link to comment
Share on other sites

I just spoke with a friend of mine (he did not want personal names to be said), who is a member of the family that started Holiday/Gander, and he simply said that Gander Mountain is doing just fine and has not been 'bought out'. We didn't discuss details on financial issues, but I just thought I'd inform everyone that Gander Mountain is very much still up and running and continues to be one of the finest in outdoor retail.

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use and Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.