Post by trappincoyotes39 on Oct 6, 2016 5:22:04 GMT -6
Well Johnny Morris owner of Bass Pro Springfield,Mo has just gotten very big. With help of Goldman Sachs will be purchasing Cabeals for 6.5 Billions by Spring. He will keep it all private ,no more stock in Cabela's. Also capital one bought out the credit card side of Cabeals of undisclosed amount of cash. That is bigger I am sure than the 5.5 billion deal for all the stores.
Should be interesting to see what happens what stores remain open and which he decides to close, as in many markets where he has 2 stores one will go .
Looking to become the Wal mart of the outdoor world it seems.
My days shopping at either might be comming to a close.
Should be interesting to see what happens what stores remain open and which he decides to close, as in many markets where he has 2 stores one will go .
Looking to become the Wal mart of the outdoor world it seems.
My days shopping at either might be comming to a close.