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Keyword: outdoorworld

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  • Outdoor giant Bass Pro Shops to acquire rival Cabela's for $5.5B

    10/03/2016 6:39:43 AM PDT · by Trump20162020 · 95 replies
    The Chicago Tribune‎ ^ | October 03, 2016 | Tribune news services
    Outdoor gear giants Bass Pro and Cabela's will combine in $5.5 billion deal announced Monday. The deal will give Cabela's shareholders $65.50 cash per share, but it creates uncertainty about jobs in the retailer's home state of Nebraska. The combined companies plan to keep some operations in Sidney and Lincoln, Nebraska, but it's not immediately clear how many jobs might be lost. Bass Pro CEO Johnny Morris says he hopes to continue growing the Cabela's brand alongside his own Springfield, Missouri, based chain.