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, Bloomberg News reported. Sportsman’s Warehouse Holdings Inc. is planning to bid for as many as 80 percent of Gander Mountain’s stores. Sportsman’s Warehouse is still deciding whether it would keep the Gander Mountain name on those locations or run them under its own brand. Midvale, Utah-based Sportsman’s Warehouse has almost 80 stores in 22 states, mostly in the western U.S., with some in the mid-Atlantic region. St. Paul, Minnesota-based Gander Mountain’s locations, more than 160 in 27 states, are concentrated in the east. Sportsman’s Warehouse has about $200 million in debt and its revenue has been rising in recent years, according to data compiled by Bloomberg.
