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SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2013
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

(9) SUBSEQUENT EVENTS

 

The Company has completed an evaluation of all subsequent events through the filing date and concluded that, other than noted below, no other subsequent events have occurred that would require recognition in the Company’s Consolidated Financial Statements or disclosed in the Notes to the Consolidated Financial Statements.

 

On November 5, 2013, the Company announced that an intermediate parent, CWGS Group, LLC, a Delaware limited liability company (the “CWGS”), which also owns the outstanding equity interests of its affiliate FreedomRoads Holding Company, LLC that operates RV dealerships throughout the United States, is seeking commitments for a privately arranged senior secured financing (the “Refinancing”).  As part of the Refinancing, on November 5, 2013 the Company launched a tender offer, to purchase for cash any and all its outstanding Senior Secured Notes (the “Tender Offer”), subject to the consummation of the Refinancing on terms satisfactory to the Company and CWGS.  The complete terms and conditions of the Tender Offer are set forth in an Offer to Purchase sent to holders of the Senior Secured Notes.