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Bass Pro Shops is buying its rival Cabela’s for $5.5 billion

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 this story »
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Photo by Wikimedia Commons Bass Pro Shops' flagship store in Springfield, MO. Today, Bass Pro Shops struck a $5.5 billion deal to acquire Cabela’s, bringing together two of the most well-known hunting and fishing retailers. In light...

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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 pre...

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