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Bass Pro to buy Cabelas
#37371
10/03/2016 08:00 AM
10/03/2016 08:00 AM
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Joined: Jul 2010
Posts: 1,272
Shelbyville, Indiana
Bryan78
OP
Hoosier Hunter
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OP
Hoosier Hunter
Joined: Jul 2010
Posts: 1,272
Shelbyville, Indiana
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Bass Pro will be buying Cabela's for $5.5 Billion or $65.50/share... Sure wished I would have bought some Cabela's stock before this... I had heard from an Bass Pro employee in Cincinnati that Wal-Mart and someone else was in talks to acquire them... Glad that it was Bass Pro that got them and not Wal-Mart or the other... I thought Cabela's had been going to downhill for quite some time due to not having much in their stores to their prices... I went to the one in Cincy awhile back and it had terrible selection for a brand new store... http://www.cnbc.com/2016/10/03/bass-pro-shops-to-buy-cabelas-for-6550-a-share-in-cash.html
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