Bass Pro Buying Cabelas?
Sportsmans Warehouse was by far the best. I went to the New Berlin store on their opening day and talked with one of their fishing reps. He admitted that they were new to the region and were interested in stocking baits that we use around here. He was especially interested in musky and great lakes baits. I suggested bulldawgs, suicks, Bucher baits and cracked ice spoons for salmon. He took notes on the baits and asked about colors and sizes. A few weeks later those baits were stocked. The same fishing rep was there again and he not only remembered me but thanked me for the info. That was unbelievable to me after dealing with a lifetime of blank stares from the Gander Mountain employees.
I have shopped extensively both at Bass Pro in Gurnee, Illinois and Cabelas in Germantown. I think that the Cabelas branded merchandise is superior to Bass Pro especially their clothing line. Cabelas also seems to have more sales on fishing equipment and clothes. I have also found Cabela’s staff to be friendlier and much more willing to help than the people at Bass Pro. I wonder if the store will keep the Cabelas name and brand line or will it be turned into another Bass Pro.
Cabela's posted on there Facebook page your points are going too remand the same. Cabela’s is excited to announce an agreement under which Cabela’s will combine with Bass Pro Shops. This transaction will create the truly premier retailer in outdoor sporting goods. Combining our two companies will enhance our ability to serve outdoor enthusiasts with complementary product offerings and an expanded geographic footprint. We are excited about the benefits and opportunities this transaction will provide for our customers and Outfitters.
We’re also pleased to announce that Cabela’s will enter into a multi-year partnership agreement with Capital One, under which Capital One will exclusively service the Cabela’s CLUB Visa card. All Cabela’s CLUB points will be unaffected and customers can continue to use their credit cards as they always have.
To read the announcement click here: http://bit.ly/2dqyQPN
Additional Information Regarding the Transaction and Where to Find It
This communication does not constitute an offer to sell or the solicitation of an offer to buy the securities of Cabela’s Incorporated (the “Company”) or the solicitation of any vote or approval. This communication is being made in respect of the proposed merger transaction involving the Company, Bass Pro Group, LLC (“Bass Pro Group”) and a wholly-owned subsidiary of Bass Pro Group. The proposed merger of the Company will be submitted to the stockholders of the Company for their consideration. In connection therewith, the Company intends to file relevant materials with the Securities and Exchange Commission (the “SEC”), including a definitive proxy statement. However, such documents are not currently available. The definitive proxy statement will be mailed to the stockholders of the Company. BEFORE MAKING ANY VOTING OR ANY INVESTMENT DECISION, INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT REGARDING THE PROPOSED TRANSACTION AND ANY OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. Investors and security holders may obtain free copies of the definitive proxy statement, any amendments or supplements thereto and other documents containing important information about the Company, once such documents are filed with the SEC, through the website maintained by the SEC at www.sec.gov. Copies of the documents filed with the SEC by the Company will be available free of charge on the Company’s website at www.cabelas.com under the heading “SEC Filings” in the “Investor Relations” portion of the Company’s website. Stockholders of the Company may also obtain a free copy of the definitive proxy statement and any filings with the SEC that are incorporated by reference in the definitive proxy statement by contacting the Company’s Investor Relations Department at (308) 255-7428.
Participants in the Solicitation
The Company and its directors, executive officers and certain other members of management and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information about the directors and executive officers of the Company is set forth in its Annual Report on Form 10-K for the fiscal year ended January 2, 2016 and Amendment No. 1 thereto, which were filed with the SEC on February 22, 2016 and April 29, 2016, respectively, and in subsequent documents filed with the SEC, each of which can be obtained free of charge from the sources indicated above. Other information regarding the participants in the proxy solicitation of the stockholders of the Company and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the preliminary and definitive proxy statements and other relevant materials to be filed with the SEC when they become available.