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Old 10-04-2016, 02:00 PM   #1
A.T. Hagan
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Default Bass Pro Shops To Reel In Cabela's For $5.5 Billion

http://www.npr.org/sections/thetwo-w...or-5-5-billion


A crowd of people lined up ahead of the grand opening of a
Bass Pro Shops Outpost store last year in Atlantic City, N.J.
Mel Evans/AP


Quote:
Two major American outdoor companies are joining forces.

Bass Pro Shops announced on Monday that it has reached an agreement to acquire rival Cabela's in a cash deal worth $5.5 billion.

"A driving force behind this agreement is the highly complementary business philosophies, product offerings, expertise and geographic footprints of the two businesses," the companies said in a statement.

Both sell fishing and hunting equipment. Bass Pro Shops are mainly found in the eastern part of the U.S. and Canada, according to the company, while Cabela's has a stronger presence in the western part of North America.
The rest at NPR.
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Old 10-04-2016, 06:07 PM   #2
leistb
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Good move on their part.
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Old 10-04-2016, 08:36 PM   #3
LvDemWings
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Looks like I need to make trip to Cabela's and buy up their rib rub.
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Old 10-06-2016, 09:24 PM   #4
Potemkin
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Both too expensive for my tastes.

I use Academy Sport and Outdoors.
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