Bass Pro eyes Cabela’s, teams with Goldman Sachs to make offer

Springfield-based Bass Pro Shops is reportedly partnering with Goldman Sachs Group Inc.’s private equity arm to make an offer for Sidney, Nebraska-based Cabela’s, a major competitor.

The partnership gives Bass Pro the equity financing necessary to pursue Cabela’s and makes such a deal more likely, given the potential cost savings and synergies a combination of the two U.S. hunting and finishing retailers would bring.

Bass Pro Shops operates 98 stores and Tracker Marine Centers across America and Canada.

As of April of 2015, Cabela’s operated 67 stores in the United States and Canada.

Read more: Springfield News-Leader

 


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