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Post by 10point on Oct 3, 2016 8:16:08 GMT -5
Shares of Cabela's Inc. CAB, +14.66% soared 15% in premarket trade Monday, after the sporting goods retailer announced a deal to be acquired by Bass Pro Shops in a deal valued at $5.5 billion. Under terms of the deal, Bass Pro Shops will pay $65.50 for each Cabela's share outstanding, which represents a 19% premium to Friday's closing price of $54.93. Upon closing of the deal, Bass Pro Shops will enter into a multiyear partnership with Capital One Financial Corp. COF, +2.09% to originate and service Cabela's co-branded credit card, with all Cabela's CLUB points being unaffected. Cabela's stock had climbed 18% year to date through Friday, while the SPDR S&P Retail ETF XRT,  .49% had inched up 0.7% and the S&P 500 SPX, +0.80% had gained 6.1%. |
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Post by Deleted on Oct 3, 2016 12:00:25 GMT -5
That make sense now in Cincinnati. Two years ago both announced new big stores on the north side of Cincy on a couple miles apart. Bass Pro backed out last year. This must have been in the works for awhile.
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Post by featherduster on Oct 3, 2016 12:39:26 GMT -5
Good deal maybe Bass Pro will close down the Hammond Cabela's, never did like that store.
I guess I better use up my Cabela's credit card points.
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Post by esshup on Oct 3, 2016 14:39:58 GMT -5
Good deal maybe Bass Pro will close down the Hammond Cabela's, never did like that store. I guess I better use up my Cabela's credit card points. Hey now, I prefer that store to the Portage BP! |
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Post by medic22 on Oct 3, 2016 16:44:34 GMT -5
I live near the 3rd largest city in the state, and somehow we dont have a Cabelas or BP
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Post by duff on Oct 3, 2016 19:41:20 GMT -5
I live near the 3rd largest city in the state, and somehow we dont have a Cabelas or BP isn't evansville part of Illinois or Kentucky? |
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Post by medic22 on Oct 3, 2016 19:42:37 GMT -5
I live near the 3rd largest city in the state, and somehow we dont have a Cabelas or BP isn't evansville part of Illinois or Kentucky? Hey now |
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Post by bullseye69 on Oct 3, 2016 19:52:20 GMT -5
Scheels is way better than both. IMO
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Post by (Not Ronald) Reagan on Oct 3, 2016 20:48:04 GMT -5
Scheels is way better than both. IMO I definitely agree. Only been to one out in Sioux Falls, SD and I wish we had one here! |
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Post by bill9068 on Oct 3, 2016 21:26:59 GMT -5
Bought a lot of gear at Uncle Lee's in Central City KY, before they shut it down. Heard it might open up again, if not their online store is Wing Supply. Good prices on anything hunting. Bought a couple of guns there over the years.
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Post by nfalls116 on Oct 3, 2016 21:43:17 GMT -5
I use Walmart, ALOT for sporting goods. I would use bass pro or Cabela's if they were 10 miles away. I remember galyans in the greater Indianapolis metropolitan area seemed so cool when I was a kid, heck they even had kayaks there. I'd never seen them for sale before that. Then I went to Dicks and it was nothing like the store I thought it was.
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Post by greghopper on Oct 3, 2016 21:54:16 GMT -5
I use Walmart, ALOT for sporting goods. I would use bass pro or Cabela's if they were 10 miles away. I remember galyans in Avon seemed so cool when I was a kid, heck they even had kayaks there. I'd never seen them for sale before that. Then I went to Dicks and it was nothing like the store I thought it was. Avon??? Sure that wasn't Plainfield?? |
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Post by nfalls116 on Oct 3, 2016 22:02:19 GMT -5
I use Walmart, ALOT for sporting goods. I would use bass pro or Cabela's if they were 10 miles away. I remember galyans in Avon seemed so cool when I was a kid, heck they even had kayaks there. I'd never seen them for sale before that. Then I went to Dicks and it was nothing like the store I thought it was. Avon??? Sure that wasn't Plainfield?? no I'm not sure, Its been the better part of my life since I went there. Plainfield, Avon, Indianapolis, and Greenwood all look the same when you are seven or eight. |
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Post by esshup on Oct 3, 2016 22:22:58 GMT -5
Scheels is way better than both. IMO Tell you what, you put one of them right off the tollway in S.B or LaPorte, and put an Academy right next to them and I'll forget about going to Cabela's or Bass Pro! |
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Post by bullseye69 on Oct 3, 2016 22:33:50 GMT -5
Scheels is way better than both. IMO Tell you what, you put one of them right off the tollway in S.B or LaPorte, and put an Academy right next to them and I'll forget about going to Cabela's or Bass Pro! If I could I would!!! Academy? |
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Post by bullseye69 on Oct 3, 2016 22:35:59 GMT -5
Scheels is way better than both. IMO I definitely agree. Only been to one out in Sioux Falls, SD and I wish we had one here! Its the only sporting goods store where they have a Ferris wheel inside! I was to three different ones this summer. |
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Post by nfalls116 on Oct 3, 2016 22:41:04 GMT -5
Academy is good! And well priced. I bought a new camo coat there last year for 14$. Can't beat that. Ive bought numerous other things there too. I still find myself heading to gander and rural king for guns though. Especially now that gander does price match. bullseye69www.academy.com/ |
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Post by esshup on Oct 4, 2016 13:45:46 GMT -5
Sportsmans Warehouse is another that isn't around here.
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Post by 36fan on Oct 4, 2016 19:45:28 GMT -5
I use Walmart, ALOT for sporting goods. I would use bass pro or Cabela's if they were 10 miles away. I remember galyans in Avon seemed so cool when I was a kid, heck they even had kayaks there. I'd never seen them for sale before that. Then I went to Dicks and it was nothing like the store I thought it was. I grew in P-field, and still live close by. Dick's is OK, Galyan's was AWESOME. I still have a lot of the gear I bought there. Dicks is only a shadow of what Galyan's was. I knew a few people that worked there, and they didn't like it after Dicks took over. None of them stayed very long after the buyout. |
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