Outdoor gear retailer Gander Mountain Co. has announced its intent to cease its status as a public company. Under terms of the buyout, holders of less than 30,000 shares would get $5.15 each, a 35% premium to Friday's closing price. Owners of more than 30,000 shares will maintain their current stakes. Gander Mtn. press release and Wall Street Journal.
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September 28, 2009
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