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re: Update: Bass Pro has completed purchase of Cabelas

Posted on 10/3/16 at 8:33 am to
Posted by fishbaja2
Baton Rouge
Member since Sep 2009
199 posts
Posted on 10/3/16 at 8:33 am to
Wow I'll miss my local Cabelas store if they shut it down. Have heard before they were considering it to be a ups shipping hub. Maybe I can pick up a 24' ranger bay at 50% off in the transition.

I remember they had a large initial construction cost paid forform state / local Govt to build and believe tax differed for assist period also.
Posted by Theboot32
Member since Jan 2016
2435 posts
Posted on 10/3/16 at 8:48 am to
hmmm, I have a Cabelas Club Visa, wonder how that will be affected

Posted by sloopy
Member since Aug 2009
6885 posts
Posted on 10/3/16 at 8:56 am to
Well shite. Bass pro is not even in the same ball park as Cabelas.
Posted by ZacAttack
The Land Mass
Member since Oct 2012
6416 posts
Posted on 10/3/16 at 9:10 am to
Well this sucks. Hopefully they don't change Cabelas line of hunting gear.
Posted by 4WHLN
Drinking at the Cottage Inn
Member since Mar 2013
7581 posts
Posted on 10/3/16 at 9:37 am to
Well fudggggge. Cabelas seems more of a true outfitter to me rather than the tourist destination feel of BP.

This flat out sucks
Posted by Saskwatch
Member since Feb 2016
16603 posts
Posted on 10/3/16 at 9:43 am to
quote:

how is cabelas as far as waterfowling gear?


I like Cabelas brand gear for waterfowl. I have never been to Cabelas in BR though. I order it online and Cabelas brand strikes me as much better made and durable versus bass pro.
Posted by TigersHuskers
Nebraska
Member since Oct 2014
11310 posts
Posted on 10/3/16 at 9:44 am to
This sucks. I assume that Bass Pro will rebrand all the Cabelas stores and even worse for us up here in Nebraska, they will shut down the offices in Lincoln and out in Sidney. And once the office in Sidney goes down, I assume they kill off the store as well, and that town will die a swift death like many other towns out in Western Nebraska have.


Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17276 posts
Posted on 10/3/16 at 9:51 am to
quote:

hmmm, I have a Cabelas Club Visa, wonder how that will be affected


will now be run by capital one
Posted by TigersHuskers
Nebraska
Member since Oct 2014
11310 posts
Posted on 10/3/16 at 9:54 am to
quote:

will now be run by capital one



Ugh
Posted by tunechi
Member since Jun 2009
10197 posts
Posted on 10/3/16 at 10:03 am to
quote:

even worse for us up here in Nebraska, they will shut down the offices in Lincoln and out in Sidney. And once the office in Sidney goes down, I assume they kill off the store as well, and that town will die a swift death like many other towns out in Western Nebraska have.


quote:

Bass Pro Shops said it plans to maintain Cabela's operations in Sidney and Lincoln, Neb. "and hopes to continue the very favorable connections to those communities and the Cabela’s team members residing there."
Posted by wickowick
Head of Island
Member since Dec 2006
45820 posts
Posted on 10/3/16 at 10:07 am to
quote:

Bass Pro Shops said it plans to maintain Cabela's operations in Sidney and Lincoln, Neb. "and hopes to continue the very favorable connections to those communities and the Cabela’s team members residing there."


Perhaps for 6 months to a year, but not long term..
Posted by TigersHuskers
Nebraska
Member since Oct 2014
11310 posts
Posted on 10/3/16 at 10:09 am to
I dont buy that. Why are they gonna maintain operations in 3 locations when they can just consolidate it all in MO?
Posted by ihometiger
Member since Dec 2013
12475 posts
Posted on 10/3/16 at 10:09 am to
Heard talk the Cabelas would be rebranded and the BPS will be shuttered due to population shite out of area from the flood. This is preliminary and nothing is set in stone but analyst reports are expected to be finished by 1st quarter. Gonzales store sales have plummeted
Posted by ihometiger
Member since Dec 2013
12475 posts
Posted on 10/3/16 at 10:11 am to
Of course it will be consolidated unless government pays to keep some of those offices in that state
Posted by AlxTgr
Kyre Banorg
Member since Oct 2003
81730 posts
Posted on 10/3/16 at 11:03 am to
bump
Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 10/3/16 at 11:10 am to
Bass pro is the Walmart of outdoor stores. Cheap crap. This sucks
Posted by wickowick
Head of Island
Member since Dec 2006
45820 posts
Posted on 10/3/16 at 11:11 am to
They need a mid range brand
Posted by CypressTrout10
Louisiana
Member since Jun 2016
3019 posts
Posted on 10/3/16 at 11:26 am to
I said this about cabelas. I never bought anything cause it was expensive
Posted by maisweh
Member since Jan 2014
4073 posts
Posted on 10/3/16 at 11:36 am to
"Cabela’s is excited to announce an agreement under which Cabela’s will combine with Bass Pro Shops. This transaction will create the truly premier retailer in outdoor sporting goods. Combining our two companies will enhance our ability to serve outdoor enthusiasts with complementary product offerings and an expanded geographic footprint. We are excited about the benefits and opportunities this transaction will provide for our customers and Outfitters.

We’re also pleased to announce that Cabela’s will enter into a multi-year partnership agreement with Capital One, under which Capital One will exclusively service the Cabela’s CLUB Visa card. All Cabela’s CLUB points will be unaffected and customers can continue to use their credit cards as they always have.

To read the announcement click here: LINK

Additional Information Regarding the Transaction and Where to Find It
This communication does not constitute an offer to sell or the solicitation of an offer to buy the securities of Cabela’s Incorporated (the “Company”) or the solicitation of any vote or approval. This communication is being made in respect of the proposed merger transaction involving the Company, Bass Pro Group, LLC (“Bass Pro Group”) and a wholly-owned subsidiary of Bass Pro Group. The proposed merger of the Company will be submitted to the stockholders of the Company for their consideration. In connection therewith, the Company intends to file relevant materials with the Securities and Exchange Commission (the “SEC”), including a definitive proxy statement. However, such documents are not currently available. The definitive proxy statement will be mailed to the stockholders of the Company. BEFORE MAKING ANY VOTING OR ANY INVESTMENT DECISION, INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT REGARDING THE PROPOSED TRANSACTION AND ANY OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Investors and security holders may obtain free copies of the definitive proxy statement, any amendments or supplements thereto and other documents containing important information about the Company, once such documents are filed with the SEC, through the website maintained by the SEC at www.sec.gov. Copies of the documents filed with the SEC by the Company will be available free of charge on the Company’s website at www.cabelas.com under the heading “SEC Filings” in the “Investor Relations” portion of the Company’s website. Stockholders of the Company may also obtain a free copy of the definitive proxy statement and any filings with the SEC that are incorporated by reference in the definitive proxy statement by contacting the Company’s Investor Relations Department at (308) 255-7428.

Participants in the Solicitation
The Company and its directors, executive officers and certain other members of management and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information about the directors and executive officers of the Company is set forth in its Annual Report on Form 10-K for the fiscal year ended January 2, 2016 and Amendment No. 1 thereto, which were filed with the SEC on February 22, 2016 and April 29, 2016, respectively, and in subsequent documents filed with the SEC, each of which can be obtained free of charge from the sources indicated above. Other information regarding the participants in the proxy solicitation of the stockholders of the Company and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the preliminary and definitive proxy statements and other relevant materials to be filed with the SEC when they become available"


Just copied and pasted via FB
Posted by Maniac979
The Great State of Texas
Member since Jan 2012
1904 posts
Posted on 10/3/16 at 11:59 am to
C'mon man...don't confuse folks with facts
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