Saturday, March 8, 2025

Bass Pro Shops to Bid for Cabela’s – FTR Staff

Date:

Reuters news agency is reporting that Bass Pro Shops has partnered with a private equity arm of Goldman Sachs Group (a multinational investment banking firm) to make an offer for Cabela’s. The unidentified sources are “people familiar with the matter.”

According to Reuters, “The move gives Bass Pro the equity financing necessary to pursue Cabela’s and makes such a deal more likely, given the potential cost savings and synergies a combination of the two U.S. hunting and fishing retailers would bring.”

Bass Pro and Cabela’s are generally regarded as the number one and number two big box outdoor retailers in North America. Together they would form a giant worth upwards of $7 billion.

Click Here To Read More

 

Share post:

Popular

More like this
Related

Becker Paces Field in Knockout Round at MLF Bass Pro Tour PowerStop Brakes Stage 3 at Lake Murray

Final 10 anglers ready for Championship Sunday, heaviest one-day...

Mixed bag of bass gives Aoki solid lead at Bassmaster Open at Kentucky Lake/Lake Barkley

Yui Aoki of Minamitsuru District, Japan, leads the St....

Jordan Osborne Takes Command on Day One at Santee Cooper

The big bass came out to play on day...