Is Buying Cabela’s a Bad Move for Bass Pro Shops? – FTR- August 10,2017 By Joe Sills

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Is Buying Cabela’s a Bad Move for Bass Pro Shops?

Business Trends

Last month, as ICAST was getting underway, Cabela’s shareholders voted to officially approve the publicly-held company’s sale to rival Bass Pro Shops. The vote was the latest in an ongoing saga that seems destined to merge two of the outdoor world’s marquee brands. The final hurdle, now, is a green light from the Federal Reserve on the sale of Cabela’s credit card operations to Synovus Financial. And while that deal is expected to be approved, Bass Pro Shops still has until October 3 to walk away from the deal unscathed. Now, at least one expert is saying Springfield should.