Cabela's to be Acquired by Bass Pro Shops
Homendo Editorial Team
October 3, 2016 • Forensic Industry Report
Bass Pro Shops, the Springfield, Missouri-based outdoor sports retailer, has agreed to buy competitor Cabela's Inc. for $65.60 a share in cash, valuing the deal at about $5.5 billion.
Sidney, Nebraska-based Cabela's (NYSE: CAB) announced the deal Monday, ending a week of speculation. The deal is expected to close in the first half of 2017, subject to approval by Cabela's shareholders and regulators.
#Bass Pro Shops
#Cabela's
#Acquisition