Editor’s note: This story was first reported several months ago. But, since RV Daily Report missed that, an alert reader pointed it out today.
SPRINGFIELD, Mo. — Privately-held outdoor retailer Bass Pro Shops has partnered with Goldman Sachs Group’s private equity arm to make an offer for U.S. hunting and fishing store chain Cabela’s, Reuters reported.
The move gives Bass Pro the equity financing necessary to pursue Cabela’s and makes such a deal more likely, given the potential cost savings and synergies a combination of the two U.S. hunting and finishing retailers would bring.
To read the full Reuters story, click here.