Mountain Warehouse is Stalking Horse for EMS
Bankrupt parent company Mountain Sports LLC sees U.K.-based Mountain Warehouse emerge as the stalking horse bidder for Eastern Mountain Sports, agreeing to pay $5 million for the bankrupt firm’s intellectual property plus 75% of the cost basis of all inventory at seven stores, which would add another $3 million to the estate. Mountain Warehouse plans on operating seven stores under the EMS banner and would also pay 75% of ... Log in to view full article.
