Bass Pro buying Cabelas

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johndoe3
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Bass Pro buying Cabelas

Post by johndoe3 »

http://www.newsmax.com/Finance/StreetTa ... id/751451/

Privately held Bass Pro is buying Cabelas for $4.5 billion in a takeover (actually $5.5 billion with debt), as announced on Monday.

Actually, I hope the combined company continues both brands.
You can fool all of the people some of the time, and some of the people all of the time...and those are pretty good odds.
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Fulliautomatix
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Re: Bass Pro buying Cabelas

Post by Fulliautomatix »

Sounds like they will, based on the article.
Bass Pro founder and CEO Johnny Morris said he hopes to continue growing the Cabela's brand alongside his privately-held Springfield, Missouri, based chain.
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TROOPER
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Re: Bass Pro buying Cabelas

Post by TROOPER »

In my experience, Cabela's has much more favorable prices on ammunition.

I don't see why this practice would continue since it wouldn't make sense to cannibalize sales from one division to boost another. Perhaps overall prices will come down? Or perhaps all prices will rise to Bass Pro.
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Fulliautomatix
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Re: Bass Pro buying Cabelas

Post by Fulliautomatix »

At least around here, the brick & mortar storefronts really aren't in direct competition, they are at least 2 hours drive apart from each other.
Speak softly, and carry a big stick.
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