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Cabelas Company News

Thu, 06 Oct 2016 05:07:57 GMT

Bass Pro Shops will buy Cabela's  -  Beauregard Daily News
"The essence of both Bass Pro Shops and Cabela's is a deep passion to serve outdoor enthusiasts and support conservation," the news release stated. "The combination brings together three of the nation's premier sporting brands: Cabela's, a leader in ...
Thu, 06 Oct 2016 04:14:12 GMT
Industry titans unite: what Cabela's buyout means  -  Camp Lejeune Globe
By now you are all well aware that Cabela's has agreed to be sold to Bass Pro Shops for a whopping $5.5 billion. I guess there is some money in the hunting and fishing industry after all. The two retail stores have a unique following, and oftentimes ...
Thu, 06 Oct 2016 04:13:32 GMT
Moody's May Downgrade Bass Pro's Debt Ratings  -  SGB Media (press release) (subscription) (blog)
Moody's said Bass Pro's proposed acquisition of Cabela's will combine the premier brands in the outdoor sporting goods industry with complementary business philosophies, product offerings and geographic footprints. However, the potential deal brings ...
Thu, 06 Oct 2016 03:46:22 GMT
Bass Pro to buy Cabela's for $5.5 billion  -  Bristol Herald Courier (press release) (blog)
A year after Cabela's opened its expansive location in The Falls, its future is now in question with Monday's announcement that rival Bass Pro Shops plans to acquire the Nebraska-based chain. Privately held Bass Pro Shops intends to pay $5.5 billion or ...
Thu, 06 Oct 2016 03:02:17 GMT

Cities fear economic fallout as Bass Pro acquires Cabela's  -  KETV Omaha
With two stores in the metro, one representing each brand, city leaders worry one might close. If there's any good news out of the announcement, it came from Bass Pro Shops founder and CEO Johnny Morris. He wants to grow the Cabela's brand alongside ...
Thu, 06 Oct 2016 01:51:00 GMT

Goldman Sachs finally gets comfortable with guns  -  New York Post
The bank is playing a key role in Bass Pro Shops' agreement to buy rival outdoors retailer Cabela's for $5.5 billion. Cabela's derives about 40 percent of its sales from hunting equipment — much of it from guns, like the Savage Arms .22 caliber on ...
Wed, 05 Oct 2016 22:42:09 GMT

What will happen to area Bass Pro, Cabela's locations?  -  Kansas City Business Journal
According to the Dallas Business Journal, there are currently no plans to rebrand Cabela's as Bass Pro shops, and Bass Pro said the merger is about growth opportunities, not synergies. In Independence, Bass Pro is the anchor at the Falls at Crackerneck ...
Wed, 05 Oct 2016 22:06:44 GMT

With takeover, Cabela's top six executives each would pocket millions in go-away pay  -  Kearney Hub
In the case of Cabela's — a publicly traded company with all the stock, options and perks for top execs common to such businesses — the payouts would amount to $24 million for the top six bosses, as disclosed in filings with the Securities and ...
Wed, 05 Oct 2016 22:00:09 GMT
Cabela's Inc Class A (CAB) is Trading Higher on Unusual Volume for October 04  -  Equities.com
Cabela's Inc Class A (CAB) experienced unusually high volume on Oct. 04, as the stock gained 0.28% to a closing price of $63.36. The stock saw 10.03 million shares trade hands over the course of the day on 47,453 trades. Given that the stock's average ...
Wed, 05 Oct 2016 21:42:24 GMT

Stock On Watch: Learn Why Paul Singer's Elliott Associates Just Purchased Cabelas Inc Stake?  -  Frisco Fastball
Elliott Associates filed with the SEC SC 13D/A form for Cabelas Inc. The form can be accessed here: 000101359416001253. As reported in Paul Singer's Elliott Associates's form, the filler as of late owns 2.7% or 1,862,520 shares of the Consumer ...