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Bass Pro Shops explores bid for Cabela's - sources

Posted on 11/5/15 at 12:49 pm
Posted by deaconjones35
Thibodaux
Member since Sep 2009
9801 posts
Posted on 11/5/15 at 12:49 pm
quote:

Reuters) - Privately held outdoors retailer Bass Pro Shops is exploring an offer for Cabela's Inc, the U.S. hunting and fishing store chain targeted by activist investor Elliott Management, people familiar with the matter said.


quote:

Shares of Sidney, Nebraska based Cabela's jumped as much as 13 percent on the news, giving it a market capitalization of around $3 billion.


LINK

Posted by wickowick
Head of Island
Member since Dec 2006
45804 posts
Posted on 11/5/15 at 12:51 pm to
Please no, I like having both stores in town
Posted by deaconjones35
Thibodaux
Member since Sep 2009
9801 posts
Posted on 11/5/15 at 12:53 pm to
Since I moved to Central, I never go to Cabela's. I like 'em both, though.
Posted by dpark
Northeast LA
Member since Feb 2011
941 posts
Posted on 11/5/15 at 12:54 pm to
I hope it doesn't happen. Cabelas hunting and clothing products are superior to Red Head and bass pro has the better fishing selection.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260351 posts
Posted on 11/5/15 at 12:54 pm to
Anyone shop at the Sportsmans Warehouse in Slidell? They're putting one here, I have mixed feelings on the matter.
Posted by Cowboyfan89
Member since Sep 2015
12715 posts
Posted on 11/5/15 at 12:54 pm to
So if I'm understanding this correctly, Bass Pro is looking at buying Cabela's?
Posted by deaconjones35
Thibodaux
Member since Sep 2009
9801 posts
Posted on 11/5/15 at 12:56 pm to
That's what I gathered from reading the article. looks like Cabela's is looking for buyers.

ETA: Maybe enough of us can scrap some cash together? I'm good for about tree fiddy.
This post was edited on 11/5/15 at 12:57 pm
Posted by wickowick
Head of Island
Member since Dec 2006
45804 posts
Posted on 11/5/15 at 1:01 pm to
I have tree-fiddy also, who else is in?
Posted by maisweh
Member since Jan 2014
4062 posts
Posted on 11/5/15 at 1:02 pm to
please no. they ruined Mako, they're about to ruin ranger, I can only assume how bad they would destroy cabellas
Posted by Cowboyfan89
Member since Sep 2015
12715 posts
Posted on 11/5/15 at 1:03 pm to
Haha, my pockets are pretty shallow right now. I think I've spent enough at bass pro that I should at least be a board member, so maybe I can tug on some strings. lmao!!

Not sure how I feel about that. I like having both. I do most of my shopping at Bass Pro, and I like the redhead brand. But there are things at Cabela's that I think are much better than Bass Pro, and there are certain things that I go there for over Bass Pro.

Maybe they will buy them but retain all of the stores. Keep them as separate entities, but owned by the same company. I don't see how that could be a bad thing.
Posted by AlxTgr
Kyre Banorg
Member since Oct 2003
81620 posts
Posted on 11/5/15 at 1:05 pm to
If the bargain cave goes away, I will break shite.
Posted by deaconjones35
Thibodaux
Member since Sep 2009
9801 posts
Posted on 11/5/15 at 1:06 pm to
I can't go in there. It's like I'm at a garage sale. Makes my eyes hurt.
Posted by AlxTgr
Kyre Banorg
Member since Oct 2003
81620 posts
Posted on 11/5/15 at 1:24 pm to
Is that good or bad?
Posted by ForeverLSU02
Albany
Member since Jun 2007
52147 posts
Posted on 11/5/15 at 1:30 pm to
quote:

Bass Pro Shops explores bid for Cabela's



I shop at them both, but I prefer Cabela's
Posted by 03GeeTee
Oklahomastan
Member since Oct 2010
3371 posts
Posted on 11/5/15 at 1:40 pm to
Hope they keep both stores open if it happens. Cabela's has a much better shooting/ reloading selection than Bass Pro.
Posted by deaconjones35
Thibodaux
Member since Sep 2009
9801 posts
Posted on 11/5/15 at 1:45 pm to
Depends on what kind of shopping mood I am in.
Posted by dnm3305
Member since Feb 2009
13569 posts
Posted on 11/5/15 at 1:46 pm to
Well frick my life. Cabelas hunting clothes will now go to shite.
Posted by Motorboat
At the camp
Member since Oct 2007
22678 posts
Posted on 11/5/15 at 1:46 pm to
quote:

please no. they ruined Mako, they're about to ruin ranger, I can only assume how bad they would destroy cabellas


Best post of the day
Posted by ForeverLSU02
Albany
Member since Jun 2007
52147 posts
Posted on 11/5/15 at 1:46 pm to
Also, I can almost always find the ammo that I'm looking for at Cabela's. Not so much at BP
Posted by MisterSenator
Member since Aug 2013
1285 posts
Posted on 11/5/15 at 1:47 pm to
quote:

I hope it doesn't happen. Cabelas hunting and clothing products are superior to Red Head and bass pro has the better fishing selection.



ETA: Gander brand clothing, products are sane tier with Cabela's
This post was edited on 11/5/15 at 1:48 pm
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