« on: March 24, 2016, 01:23:26 PM »
Wouldn't this create some sort of monopoly?
Cabela’s hunts for potential buyer in Bass Pro Shops
By Josh Kosman
î “View author archive
î œemail the author
î §follow on twitter
î ƒGet author RSS feed
March 24, 2016 | 1:48am
Outdoor retailer Cabela’s is getting serious about tracking down a buyer.
The 27-store chain — a destination for hunting, fishing and camping enthusiasts — in the past two weeks opened its financial books to rival Bass Pro Shops and other potential suitors, The Post has learned.
Cabela’s has been under fire since October from activist billionaire investor Paul Singer’s Elliott Management hedge fund, which bought an 11 percent stake and pressed management to consider options for boosting the stock price, including a sale.
The Sidney, Neb., company said in December it would explore strategic alternatives but held off distributing confidential financial information to potential buyers until now.
Bass founder John Morris, who controls the closely held Springfield, Mo.-based company, has long wanted to buy his closest rival, sources said.
I noticed something in the story. The name of
Paul Singer. IIRC, he's a big
contributor to political causes.
Anyway, the rest of this is here:
http://nypost.com/2016/03/24/cabelas-hunts-for-potential-buyer-in-bass-pro-shops/The nearest Cabela's is about 2 hours from me (Hartford CT). The nearest Bass Pro is half that. Guess which one I go to?
Logged
"Timid men prefer the calm of despotism to the tempestuous sea of Liberty." - Thomas Jefferson
"All you have to do is look straight and see the road, and when you see it, don't sit looking at it - walk!" -Ayn Rand
"Those that trust God with their safety must yet use proper means for their safety, otherwise they tempt Him, and do not trust Him. God will provide, but so must we also." - Matthew Henry, Commentary on 2 Chronicles 32, from Matthew Henry's Commentary on the Whole Bible
"These anti-gun fools are more dangerous to liberty than street criminals or foreign spies."--Theodore Haas, Dachau Survivor
Chase her.
Chase her even when she's yours.
That's the only way you'll be assured to never lose her.
