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  2. $5.5 Billion
    • According to 2 sources
    Bass Pro Shops announced today that it will acquire competitor Cabela’s for $5.5 Billion. The deal has been long-rumored to be true, and today it was completed. According to the press release below, the two brands will continue to coexist along side each other, and Bass Pro Shops is committed to “celebrate and grow” the Cabela’s brand.
    On Monday, hunting, fishing, and camping retailer Bass Pro Shops announced it is acquiring its top rival Cabela’s Inc. CAB in a deal with $5.5 billion, or $65.50 per share. CAB stock closed the day up 15.02% to $63.18 per share; Brass Pro Shops is privately held.
     
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