Mountain Warehouse, based in the UK, is the stalking horse bidder that will likely get the assets and assume the debt.
Looks like they were successful in their bid. From the local (CT) paper:
https://www.registercitizen.com/bus...-meriden-waterford-bobs-mountain-19738981.php
Some tid-bits from the article:
o "new owner pledging to keep stores open and expand to new locations"
o "Mountain Warehouse emerged with a winning bid reported at $10 million"
o (CEO) "Neale telling the newspaper he hopes to rebuild EMS to a footprint of 100 stores"
TomK