Bass Pro Shops acquisition leaves questions unanswered

A long awaited announcement was made Monday, validating some of the speculation that has been circulating about Bass Pro Shops purchasing Cabela’s. However, the announcement still leaves questions to be answered.

A press release sent out by the two companies Monday stated they have entered into a definitive agreement under which Bass Pro Shops will acquire Cabela’s for $65.50 per share in cash, representing an aggregate transaction value of approximately $5.5 billion.

According to the press release, following the closing of the transaction, Bass Pro Shops “intends to celebrate and gr...