Bass Pro Shop to acquire Cabela's for $5.5bn

Outdoor-sports gear seller Bass Pro Shops has acquired Cabela’s Inc. for $5.5bn — $65.50 per share in cash. This acquisition unites two of the biggest competitors in the industry who have built their brands on mega sports stores.
“A driving force behind this agreement is the highly complementary business philosophies, product offerings, expertise and geographic footprints of the two businesses. The essence of both Bass Pro Shops and Cabela’s is a deep passion to