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Outdoor giant Bass Pro Shops to acquire rival Cabela's for $5.5B
The Chicago Tribune‎ ^ | October 03, 2016 | Tribune news services

Posted on 10/03/2016 6:39:43 AM PDT by Trump20162020

Outdoor gear giants Bass Pro and Cabela's will combine in $5.5 billion deal announced Monday.

The deal will give Cabela's shareholders $65.50 cash per share, but it creates uncertainty about jobs in the retailer'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.

(Excerpt) Read more at chicagotribune.com ...


TOPICS: Business/Economy; US: Missouri; US: Nebraska
KEYWORDS: banglist; bassproshop; bassproshops; cabelas; johnnymorris; missouri; monopoly; nebraska; outdoorworld; retail
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To: Wyrd bið ful aræd

>>Which is why I always look like a lost Warsaw Pact soldier whenever I’m enjoying the great outdoors.

OK, LOL on that!

I assume you’re taking down deer with an SKS?


81 posted on 10/03/2016 9:04:03 AM PDT by FreedomPoster (Islam delenda est)
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To: T-Bird45; GraceG

Removing confusion: I went on wheat harvest twice, 1973 and 1975, and got the two confused when typing besides being redundant. 1975 was the Sidney year. Apologies...


82 posted on 10/03/2016 9:05:35 AM PDT by T-Bird45 (It feels like the seventies, and it shouldn't.)
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To: Scythian_Reborn

#11 Is this your son on the left : )
http://2.bp.blogspot.com/-KSk_ArwEc1k/UtmdmG7brFI/AAAAAAABYck/G8XXxE15eDs/s1600/LASTMANSTANDING_Y3_D113-F013_008_ful.jpg


83 posted on 10/03/2016 9:13:52 AM PDT by minnesota_bound
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To: T-Bird45

[ As others have noted, the only thing wrong with Sidney NE is in your own mind and how you perceive small-town middle-America. It has a really serious winter so that cuts down on the feather merchants and ne’er-do-wells. ]

Too many people in the city council of Sidney want to run it like they are living in a big city and ignore the fact that it is still a small town ( a very fortunate small town, but still a small town based around agriculture at that). The people who live there are not the problem, the clowns that are currently running the town are the big problem as they have been running the town for the last 15 years like Cabelas would never go away and that Sidney would become a small city in the next 30 years, now they are screwed because all the Tax base that Cabelas used to be able to support is going to dry up and blow away sooner rather than later.


84 posted on 10/03/2016 9:40:29 AM PDT by GraceG (Only a fool works hard in an environment where hard work is not appreciated...)
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To: minnesota_bound

LOL, no ....


85 posted on 10/03/2016 9:42:37 AM PDT by Scythian_Reborn
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To: vette6387

[ “wow I would not want to live there.”

Then you haven’t ever been there. We drove up with realtives from Denver to show two of their hot rods at a car show in Sydney. Cabela’s HQ is a big presence there, but it’s a very nice place with good people. BTW, we stayed in a very nice motel for $75. and that was for both nights. Sydney is also the county seat for Cheyenne County and the county fair was going on while we were there. You could do a whole lot worse than Sydney! ]

I have been there MANY MANY times, as I have family there and even spent a few summers there in my youth. The last 15 years things have gotten worse with the people running the town being more “Urban thinking” and spending money like drunken democrats.

Go to Sidney and ask anyone who is either a farmer who lives on the edge of town (within the zone of influence) or someone who has had to deal with the idiocy if the current city council.

Once cabelas corporate pulls out and they get some actual spend thrifts into the city council it will become a decent place to live again, the last 15 years (depending on where you lived) have been horrible according to my relatives. (some farmers and some people living in town) .


86 posted on 10/03/2016 9:45:35 AM PDT by GraceG (Only a fool works hard in an environment where hard work is not appreciated...)
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To: PUGACHEV

When I lived in Japan almost 20 years ago, Cabelas was one of the few mail order clothing companies that would ship overseas. I’m too big to buy most clothes in Japan, and Cabelas at that time had a Big and Tall section that was a lifesaver. Quality stuff at reasonable prices.

Now that I live in the US, I rarely buy things from their mail order, although I will get things from their store if they’re on sale. Their quality control has gone down, so I have to be able to inspect their stuff before I buy it.


87 posted on 10/03/2016 10:30:47 AM PDT by VanShuyten ("a shadow...draped nobly in the folds of a gorgeous eloquence.")
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To: Trump20162020

I’ve been to the one in Dundee, Mich. An impressive joint—little bit of everything, but kinda pricey. Fun way to kill a day, though! Big-ass catfish in the tank, I wanted to string up a rod and catch one... ;)


88 posted on 10/03/2016 10:31:23 AM PDT by W. (The plot of Magnum Force comes to mind...)
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To: yawningotter

They do have good sales. I really liked them in the beginning, offering their takes on name brand lures and tackle for lots less. I always bought my plastics from them, and had a few of their reels that I thought were comparable to good Diawa or Abu Garcia reels. Sadly, their gear is now almost the same price.


89 posted on 10/03/2016 10:32:46 AM PDT by cport (How can political capital be spent on a bunch of ingrates)
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To: PeterPrinciple

I bought one of their turret reloading presses [used, $5] when I was a teenager. That’s what led me to their catalog. Good stuff, cheap!


90 posted on 10/03/2016 10:33:53 AM PDT by W. (The plot of Magnum Force comes to mind...)
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To: Trump20162020

.
Has Obama repealed the anti-trust laws?


91 posted on 10/03/2016 10:37:33 AM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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To: editor-surveyor
Has Obama repealed the anti-trust laws?

Both parties pretty much forgot about them.

92 posted on 10/03/2016 10:38:20 AM PDT by dfwgator
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To: GraceG

Thanks for the local insight. I know exactly the situation you are describing.


93 posted on 10/03/2016 10:51:23 AM PDT by T-Bird45 (It feels like the seventies, and it shouldn't.)
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To: Trump20162020

This is a bummer; I love Cabela’s and do not believe this will be good for the Cabela’s brand.


94 posted on 10/03/2016 3:36:49 PM PDT by Red in Blue PA (war is peace, freedom is slavery, ignorance is strength, obama loves America)
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To: moovova

He was irate- hence never going back or buying anything from them again. I think they knew this deal was in the works last year- that’s when we noticed skeleton staffing and employees that just didn’t care and gave poor service.


95 posted on 10/04/2016 9:51:09 AM PDT by usmom
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To: wbill

Dick’s Sporting Goods converted their former “Lodge” department into Field & Stream, and then began building freestanding stores under that name. It hasn’t existed all that long, just a few years.


96 posted on 10/04/2016 9:56:08 AM PDT by RegulatorCountry
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