Tuesday, September 26, 2017

Bass Pro completes $4 billion acquisition of Cabela's

Outdoor giant Bass Pro to acquire rival Cabela's for $4.5BBass Pro Shops’ roughly $4 billion acquisition of rival outdoor retailer Cabela’s is complete, but the small western Nebraska town that has been home to Cabela’s is still wondering about its future.

Cabela’s was founded in 1961 when Dick Cabela started selling fishing flies through the mail from his kitchen table with his wife, Mary, and brother, Jim.

Bass Pro got its start in 1971 when founder Johnny Morris began selling high-quality fishing tackle in his dad’s liquor store in Springfield.. . . more

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