Cabela’s to be Acquired by Bass Pro Shops (12-Year Chart Inside)

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Photo: Outdoorhub

Photo: Outdoorhub

Bass Pro Shops, the Springfield, Missouri-based outdoor sports retailer, has agreed to buy competitor Cabela’s Inc. for $65.60 a share in cash, valuing the deal at about $5.5 billion.

Sidney, Neb.-based Cabela’s ($CAB) announced the deal Monday, ending a week of speculation. Bass Pro Shops was reportedly the leading bidder to acquire Cabela’s Inc., a deal that would combine the nation’s two largest outdoor gear retailers.

cab 12yr

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