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Bass Pro Shops acquiring Cabela's for $5.5B
10/3/2016
Credit:
Nathan Bomey , USA TODAY
Bass Pro Shops has reached a deal to acquire outdoors retail competitor Cabela's and take the company private in a deal valued at $5.5 billion, the companies said Monday.

It was not immediately clear whether the acquisition would result in any store closures, but the companies said in a statement that Springfield, Mo.-based Bass Pro Shops would "celebrate and grow" the Cabela's brand.


Read the entire article at usatoday.com:
http://www.usatoday.com/story/money/2016/10/03/bass-pro-shops-cabelas-acquisition/91459212/