Bass Pro Shops — which remains privately held, largely by Johnny Morris, who started the company 45 years ago in his father’s liquor store near Springfield, Mo. — plans to purchase Cabela’s for about $65.50 a share in cash, according to a statement on Monday. Cabela’s said on Dec. 1 that it was exploring strategic alternatives. The takeover price represents a 40 percent premium to where its shares were trading that day.
Monday, October 03, 2016
Bass Pro Shops to acquire Cabelas....
The New York Times is reporting that the two outdoor retailers will merge....Discuss among yourselves.