Colonels_Wear_Blue Posted October 3, 2016 Share Posted October 3, 2016 Cabela's, Bass Pro announce merger | FOX23 Quick Facts: Bass Pro Shops and Cabela’s announced a merger Monday Bass Pro Shops acquired Cabela’s in a $5.5 billion transaction Credit card and loyalty programs will not change Bass Pro Shops purchased Cabela's in a $5.5 billion merger. The outfitter acquires 85 specialty retail stores in the western US and Canada. The stores, catalog business and online presence will be integrated with Bass Pro Shops and White River Marine Group. Capitol One will help Bass Pro manage the credit card and loyalty programs under the Cabela's name. Those cards and rewards will remain unchanged through the merger. Cabela's shareholders will receive $65.50 per share in cash. Link to comment Share on other sites More sharing options...
spindoc Posted October 3, 2016 Share Posted October 3, 2016 Wishing I had a couple thousand shares about now. Link to comment Share on other sites More sharing options...
se7ens Posted October 3, 2016 Share Posted October 3, 2016 Shares were down to 33 at one point last year. I would imagine a few investors made out fairly well. Link to comment Share on other sites More sharing options...
plantmanky Posted October 3, 2016 Share Posted October 3, 2016 So much for anit-trust anymore. Link to comment Share on other sites More sharing options...
Wireman Posted October 3, 2016 Share Posted October 3, 2016 It sounds like an acquisition more than a merger Link to comment Share on other sites More sharing options...
Mustang Posted October 3, 2016 Share Posted October 3, 2016 While I am pretty much a Bass Pro guy, there are some things that I could get at Cabelas that were not available at Bass Pro. Hopefully, those will still remain available and that the Cabelas stores won't simply become Bass Pro. Link to comment Share on other sites More sharing options...
spindoc Posted October 3, 2016 Share Posted October 3, 2016 While I am pretty much a Bass Pro guy, there are some things that I could get at Cabelas that were not available at Bass Pro. Hopefully, those will still remain available and that the Cabelas stores won't simply become Bass Pro. Totally agree I'll also add that I hope that they don't change all the Cabelas clothing into Redhead clothing because there's no comparison in the quality. The Cabelas brand clothing is head and shoulders above the redhead junk. However, if you're a fisherman, the selection at BPS is infinitely better. Link to comment Share on other sites More sharing options...
Jumper_Dad Posted October 3, 2016 Share Posted October 3, 2016 So much for anit-trust anymore. You afraid they are going to control the Zebco 33 market? Link to comment Share on other sites More sharing options...
Colonels_Wear_Blue Posted October 3, 2016 Author Share Posted October 3, 2016 You afraid they are going to control the Zebco 33 market? Nope...Walmart still has the Zebco market cornered. Link to comment Share on other sites More sharing options...
TAC Posted October 3, 2016 Share Posted October 3, 2016 So much for anit-trust anymore. Don't forget about Dick's and Academy. The sports Authority just closed their doors a few months ago. The industry is struggling right now. Link to comment Share on other sites More sharing options...
mcpapa Posted October 3, 2016 Share Posted October 3, 2016 ^ There's a Dunham's (think Dick's baby brother) in Maysville. Lots of floor space, but I never see more than 3 or 4 people in there at a time. I've always wondered how they keep their doors open. Link to comment Share on other sites More sharing options...
TAC Posted October 3, 2016 Share Posted October 3, 2016 ^ There's a Dunham's (think Dick's baby brother) in Maysville. Lots of floor space, but I never see more than 3 or 4 people in there at a time. I've always wondered how they keep their doors open. Add Hibbitts to that list. Link to comment Share on other sites More sharing options...
CBDV Posted October 5, 2016 Share Posted October 5, 2016 Not good. Cabela's is very pro-gun and is heads and shoulders above BPS in quality of house brand stuff. BPS actually is terrible unless you fish......duh. Link to comment Share on other sites More sharing options...
BigVMan23 Posted October 5, 2016 Share Posted October 5, 2016 Actually I hate to see this, and I don't frequent either very often. Less competition usually isn't a good thing, and this is exactly what that is. Link to comment Share on other sites More sharing options...
Watusi Posted February 11, 2017 Share Posted February 11, 2017 Not So Fast... $5.5 Billion Bass Pro Shops, Cabela’s Deal Falling Apart - Wired2fish - Scout Link to comment Share on other sites More sharing options...
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