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M&A Roundup: 7 Deals Expected To Close Mid-2017
Sunday, July 2, 2017 - 5:14pm | 968Read More...The coming months are setting up to be packed with high profile mergers and acquisitions across industries. Here are seven deals we’re looking forward to seeing closed. 1. AT&T Inc. (NYSE: T) And Time Warner Inc (NYSE: TWX) AT&T announced in October that it will acquire Time Warner...
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Cabela's Stock Falls After Bass Pro Shops Merger Hits Some Uncertainty
Friday, December 30, 2016 - 10:39am | 411Read More...Shares of Cabelas Inc (NYSE: CAB) plunged more than 5.5 percent on concerns that its merger with Bass Pro Shops would be delayed as the Federal Trade Commission sought additional information from the companies regarding the transaction. A “second request” is generally sent when the...
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Cabela's Trading At A 'Pretty Big Discount' To Bass Pro's Take-Out Price
Monday, October 3, 2016 - 12:40pm | 388Read More...Shares of Cabelas Inc (NYSE: CAB) are surging more than 14.5 percent after Bass Pro Shops announced a $5.5 billion buyout of its retail competitor. The privately-held Bass Pro Shops will be paying $65.50 per share in cash for Cabelas. On Monday’s PreMarket Prep, Dennis Dick discussed the...
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Cabela's, Bass Pro Shops Announce Landmark Merger Valued At $5.5 Billion
Monday, October 3, 2016 - 8:45am | 306Read More...After a prolonged spell of reports, Cabela's Inc (NYSE: CAB) and Bass Pro Shops struck a definitive deal through which the latter would buy the former for $65.50 a share in cash. This translates into an aggregate transaction value of about $5.5 billion. Bass Pro Shops has secured preferred...
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The Curious Case Of Bass Pro Shops' Sale
Friday, September 30, 2016 - 2:33pm | 472Read More...For more than a year, Bass Pro Shops has been rumored to be in the process of bidding for Cabelas Inc (NYSE: CAB). A recent Reuters report indicated that the privately held retailer is aligning with Goldman Sachs Group Inc (NYSE: GS)'s private equity unit to make a bid. Related Link: Dick's Shares...
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Report: Bass Pro And Goldman Considering Cabela's Buyout
Tuesday, April 19, 2016 - 10:48am | 206Read More...Shares of Cabelas Inc (NYSE: CAB) spiked higher by more than 4 percent Tuesday morning after Reuters reported a rival peer may have teamed up with a major private equity player to present a buyout offer. Cabela's has previously opened its financial books to its peers and other buyers as...
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Report: Bass Pro Shops Working On Potential Deal For Cabelas
Thursday, November 5, 2015 - 3:52pm | 309Read More...Privately owned Bass Pro Shops is said to be in talks to acquire Cabelas Inc (NYSE: CAB). Shares of Cabelas spiked higher by more than 8 percent following a report by Reuters. A Bass Pro Shops spokesperson confirmed with Benzinga it is aware of the report, but it is company policy not to...
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Smith & Wesson To Acquire Battenfeld Technologies For $130 Million
Wednesday, November 26, 2014 - 10:44am | 250Read More...Smith & Wesson Holding Corp (NASDAQ: SWHC) announced on Wednesday it will acquire Battenfeld Technologies, a hunting and shooting accessories provider for $130 million. Battenfeld Technologies develops and sells shooting, reloading, gunsmithing and gun cleaning supplies under several...
