Thursday, March 30, 2017

White knight may rescue Bass Pro Shops deal for Cabela’s

Image result for bass pro and cabela's merger A small Georgia bank has emerged as the potential savior of Bass Pro Shops’s $4.5 billion takeover of outdoor-goods retailer  Cabela’s Inc., according to people familiar with the matter.

The deal, struck in October, had two parts: Bass Pro agreed to buy the retail business of Cabela’s, while Capital One Financial Corp. agreed to acquire its banking operation, which issues store-branded credit cards.. . . more

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