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Cabela's Nearly Year-Long Sale Process Proves The Market Rewards Patience
Tuesday, October 4, 2016 - 8:51am | 320It has been nearly a full year since Elliott Management disclosed its stake in Cabelas Inc (NYSE: CAB) and urged the company to sell itself. As is often the case, the market rewards patience. According to Gadfly's Gillian Tan, Bass Pro's $65.50 per share offer to acquire Cabelas...