Bass Pro Completes $4 Billion Purchase Of Cabela’s
(Omaha, NE) — The Cabela’s sale to Bass Pro Shops is finally complete. Bass Pro acquired Cabela’s for four-billion dollars after a year of negotiation. Cabela’s first announced in November 2015 it was considering a sale after its stock fell 21-percent. Meanwhile, “Fortune” magazine reports the Cabela’s credit card has been sold to Capital One. As part of the merger, Cabela’s shareholders will receive 61-dollars and 50-cents per share.
Joseph Guzman /jm
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