The Sidney Sun-Telegraph - Serving proudly since 1873 as the beautiful Nebraska Panhandle's first newspaper

By Ashlee Kieler
Reuters New Service 

BASS PRO PARTNERING WITH GOLDMAN SACHS TO ACQUIRE RIVAL CABELA'S, REPORT SAYS

 

Sun-Telegraph File Photo

Impact on Sidney, Cabela's World Headquarters, could be considerable.

The same day that the dire fates of Sport Chalet and Sports Authority give us reason to ponder the state of the sporting goods industry, we have news of more possible changes in this niche retail market: Outdoor goods giant Bass Pro is reportedly looking to buy rival Cabela's.

Reuters, citing people close to the matter, reports that Bass Pro Shops has partnered with Goldman Sachs Group's privacy equity arm to prepare a bid for hunting and fishing store chain Cabela's.

By partnering with Goldman Sachs, Bass Pro, which operates 100 stores in the U.S., will likely be able to obtain the neces...



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Reader Comments
(1)

Grammarpolice writes:

Reuters reports that the Cabela's has also been exploring a separate sale of its credit card business Nice sentence... smh

 
 
 

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