27 Mart 2017 Pazartesi Breaking News             Latest US News            New York

Protesters break windows outside Allegheny County Jail
Bass Pro Shops is buying competitor Cabela's as part of a deal worth about $5.5 billion. The deal was announced Monday morning, 10 months after Cabela's announced it was evaluating "strategic alternatives" following slumping sales. Monday's news sent...

Bass Pro Shops bags Cabela's in $5.5 billion deal

Bass Pro Shops is buying competitor Cabela's as part of a deal worth about $5.5 billion. The deal was announced Monday morning, 10 months after Cabela's announced it was evaluating "strategic alternatives" following slumping sales. Monday's news sent...

Bass Pro Shops bags Cabela's in $5.5 billion deal

Bass Pro Shops is buying competitor Cabela's as part of a deal worth about $5.5 billion.

The deal was announced Monday morning, 10 months after Cabela's announced it was evaluating "strategic alternatives" following slumping sales. Monday's news sent Cabela's stock climbing in premarket trading.

Reuters reported in November that Bass Pro was interested in buying its hunting-and-fishing-gear rival.

As part of the deal, Bass Pro Shops will partner with Capital One, which runs   Cabela's CLUB, the store's branded credit card. Important for frequent shoppers: all Cabela's CLUB points and Bass Pro Shops Outdoor Rewards points will be unaffected.

There was no news on how the deal will affect stores.

Each chain has one store in Pennsylvania, with the Cabela's location in Berks County as the closest to the Lehigh Valley.

Bass Pro Shops, which is headquartered in Missouri, has a store in Harrisburg. There has been discussions by Las Vegas Sands to add a Bass Pro Shops as part of a convention center and second hotel at Sands Casino Resort Bethlehem, but nothing has been formally proposed.

Sarah Cassi may be reached at scassi@lehighvalleylive.com. Follow her on Twitter @SarahCassi. Find lehighvalleylive.com on Facebook.

Our editors found this article on this site using Google and regenerated it for our readers.

Breaking News Headlines

3 reasons why you should avoid preparing legal documents online
3 reasons why you should avoid preparing legal documents online
3 reasons why you should avoid preparing legal documents online
3 reasons why you should avoid preparing legal documents online
‘Why am I in handcuffs?’: Wyclef Jean tweets mistaken identity case | Toronto Star
‘Why am I in handcuffs?’: Wyclef Jean tweets mistaken identity case | Toronto Star
Canadian Stephan James stars in Shots Fired | Toronto Star
Canadian Stephan James stars in Shots Fired | Toronto Star
Betty Kennedy, journalist and Front Page Challenge panellist, dead at 91 | Toronto Star
Betty Kennedy, journalist and Front Page Challenge panellist, dead at 91  | Toronto Star
Could Bitcoin Make Online FX Trading More Attractive? Developments in Japan Suggest it Could
Could Bitcoin Make Online FX Trading More Attractive? Developments in Japan Suggest it Could
Mysterious ‘Hairy Blob’ Creature Could Be Decomposed Whale, Washed Ashore In The Philippines [VIDEO]
Mysterious ‘Hairy Blob’ Creature Could Be Decomposed Whale, Washed Ashore In The Philippines [VIDEO]
Legos ready to blast off with 'Women of NASA' set
Legos ready to blast off with 'Women of NASA' set
Some doctors helping patients sidestep high price of EpiPen by refilling them
Some doctors helping patients sidestep high price of EpiPen by refilling them
US stock indexes pull back from record highs; Oil falls
US stock indexes pull back from record highs; Oil falls
What Does Mama June Look Like Now In 2017? ‘From Not To Hot’ Star Suffers Complication During Makeover Surgery
What Does Mama June Look Like Now In 2017? ‘From Not To Hot’ Star Suffers Complication During Makeover Surgery
Dave Chappelle Netflix Release Date Confirmed: Famed Comedian To Debut Stand-Up Specials
Dave Chappelle Netflix Release Date Confirmed: Famed Comedian To Debut Stand-Up Specials
NEWS ARCHIVES