class="post-template-default single single-post postid-245958 single-format-standard custom-background group-blog header-image full-width singular wpb-js-composer js-comp-ver-5.1.1 vc_responsive"

Feds sign off on Cabela’s, Bass Pro Shop deal

Feds sign off on Cabela’s, Bass Pro Shop deal

Cabela’s says federal regulators have ended their investigation into Bass Pro Shops’ $4 billion deal to buy the Sidney-based chain.

Cabela’s said Wednesday that the Federal Trade Commission signed off on the deal earlier this week, but banking  regulators still haven’t approved part of the transaction. Cabela’s shareholders will vote on the deal, which would pay them $61.50 per share, next  this week, b

Stifel Nicholas analyst Jim Duffy said gaining FTC approval makes it much more likely that the merger of the two outdoor gear selling rivals will be completed.

No additional information on how the deal, when finalized next week, will impact employment in Sidney

© 2017 Nebraska Rural Radio Association. All rights reserved. Republishing, rebroadcasting, rewriting, redistributing prohibited. Copyright Information