Adding to this, I kind of doubt we get a statement unless they find a buyer and the buyer makes one. I get the feeling leadership at G&L is not in the habit of admitting/owning failure.
The downside to their approach is that they are completely failing to manage the story on this. If there is any hope/plan for the brand to continue, it will be more difficult, because of their silence. While they are hiding in conference rooms (according to rumor), their brand reputation is paying for it*.
Of course that leaves the option where silence is fine because the brand has no future.
*before anyone says it, I am being slightly dramatic here to make a point. Of course the silence is not completely devaluing the brand and it is something the brand could bounce back from if a buyer continues G&L. My point is they did nothing to manage the story. Instead rumor, speculation, and the occasional bit of info from dealers and former employees drove the story. Not ideal for G&L IMO.