It was officially announced this morning that Bass Pro Shops is buying Cabela's for $5.5 billion. In April, OutdoorHub reported that Bass Pro Shops was moving pushing ahead to buy Cabela's.
The hunting, fishing and camping retailers are expected to close the deal in early 2017.
You can find out all the details in the press release below:
SPRINGFIELD, Mo. & SIDNEY, Neb.--(BUSINESS WIRE)--Bass Pro Shops and.
Another merger Monday is good news for some of Wall Street's biggest investment banks. Hunting and fishing retailer Bass Pro Shops announced it was buying competitor Cabela's for $5.5 billion. In the asset management world, Janus Ca...
The deal to buy Cabela’s for $5.5 billion in cash will merge two companies known for selling hunting and fishing gear to outdoor sports enthusiasts.
Popular outdoor retailer Bass Pro Shops is buying Cabela’s for $5.5 billion. The two companies will combine, but it is not certain if any of the Cabela's stores will close. Follow BI Video: On Twitter Join the conversation about t...
Hunting and fishing giant Bass Pro Shops is acquiring its outdoor gear competitor Cabela's in an all-cash deal valued at $5.5 billion, the companies said on Monday.