By  on March 2, 2016

Dick’s Sporting Goods and Modell’s Sporting Goods are seen as possible buyers for all or part of Sports Authority after the chain filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court in Delaware this morning.

The Englewood, Colo.-based sporting goods chain has identified 140 stores and two distribution centers that it plans to close or sell as part of its restructuring plans. Sports Authority currently operates more than 450 stores in 40 states and Puerto Rico and the inventory is processed through five regional distribution centers.

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