Bankruptcy Judge Gives Vann’s One Month to Sell [AUDIO]
A bankruptcy judge in Missoula on Tuesday morning gave Vann’s, Incorporated one month to complete the sale of the 5 retail stores throughout the state to a Bozeman businessman.
The business was already under Chapter 11 protection, and had announced that the stores were closing when the news came over the weekend of a potential buyer.
CEO Jerry McConnell says the judge’s decision was a ‘real blessing’, since it gives the process an entire month for completion.
McConnell has not named the Bozeman businessman or any details about the sale.
Vann’s CEO Jerry McConnell on KGVO Wednesday morning