7 years ago
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Outdoor Giant Bass Pro to Acquire Rival Cabela’s for $5.5B
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.
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The worst possible news, I figure it's only a matter of months now before all the fine Cabella branded fishing equipment gets tossed for Bass Pro branded inferior version. I don't know about other stuff in the store's though, I just know the Cabella combos are better than bass pro, guess it's time to go Ugly Stik.