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The hunting and fishing company Bass Pro Shops is buying Cabela's for $5.5 billion

The wilderness-themed store Bass Pro Shops is acquiring Cabela's for $65.50 per share, or about $5.5 billion. The hunting and camping retailers are expected to cloes the deal in the first half of 2017. More to come... Here's the press release: SPRINGFIELD, Mo. & SIDNEY, Neb.--( BUSINESS WIRE )--Bass Pro Shops and Cabela’s Incorporated (NYSE:CAB), two iconic American outdoor companies with similar humble origins, and with a shared goal to better serve those who love the outdoors, today announced that they have entered into a definitive agreement under which Bass Pro Shops will acquire Cabela’s for $65.
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