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Old 10-03-2016, 12:56 PM
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eek Cabasspro.com mega deal!

Wow... who saw this coming?

Outdoor Giant Bass Pro To Acquire Rival Cabela?s for $4.5 Billion

October 03, 2016

OMAHA, Neb. (AP) ? Outdoor gear giants Bass Pro and Cabela?s will combine in a $4.5 billion deal announced Monday.
Bass Pro is paying Cabela?s shareholders $65.50 cash per share. The deal creates uncertainty about jobs in Cabela?s home state of Nebraska. The combined companies plan to keep some operations in Sidney and Lincoln, Nebraska, but it?s not immediately clear how many jobs might be lost.
Bass Pro CEO Johnny Morris says he hopes to continue growing the Cabela?s brand alongside his own Springfield, Missouri, based chain.
Capital One will take over running Cabela?s credit card unit as part of the deal. Activist investment firm Elliott Management began pushing for significant changes at Cabela?s last fall. Cabela?s employs about 2,000 people in the western Nebraska town of Sidney, which has about 7,000 residents.
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Old 10-03-2016, 03:08 PM
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Default Re: Cabasspro.com mega deal!

Kinda sucks, I don't really shop either stores much but, now there for sure wont be any price competition between the 2.
Have kinda a local BP (hour away) and do visit the one in Bean town when out there now and then, just to have a look see.
Cabelas don't allow pups in so I shy away from them.
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Old 10-03-2016, 03:29 PM
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Default Re: Cabasspro.com mega deal!

I have been to 5 Bass Pro shops thru out the country , everyone of them is a treat to see . Just recently @ the Bridgeport Ct. Store there are a zillion items to shop for but most of us shop over the Internet ( gasoline cost ) but to spend a few hours & $$ instead of an arcade joint , it's worth the trip for kids to see . The pie is getting smaller cause Amazon Prime makes the pie .
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Old 10-03-2016, 03:53 PM
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Default Re: Cabasspro.com mega deal!

I've been to 3, and 1 cabelas...have enjoyed them all. I've been given gift cards to BP and even enjoyed the Atlantic City store with my Grandson. The AC store has some nice guys in the fly fishing dept, including some volunteer tiers on Saturdays in the summer. There have been great kids days as well. As much as I want to bash the location and the parking policies ($10 unless you buy something etc... there are a few variations based on season and how long you stay), it's been great each time I've been there.
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Old 10-03-2016, 10:28 PM
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Default Re: Cabasspro.com mega deal!

This has been in the works for a year now. When the deal is finalized we will have to pay sales tax at Cabela's mail order. Bass Pro has a physical location in NJ.
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Old 10-04-2016, 06:56 AM
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Default Re: Cabasspro.com mega deal!

So, that's why they put the BP in AC?
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Old 10-04-2016, 07:27 AM
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Default Re: Cabasspro.com mega deal!

Quote:
Originally Posted by Wildbob View Post
This has been in the works for a year now. When the deal is finalized we will have to pay sales tax at Cabela's mail order. Bass Pro has a physical location in NJ.
Ditto on NY.....
Never was a Cabela's in NYS.
I'm sure Andy Cuomo has something to do with this..
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