Cabela’s Sells to Bass Pro for $4.5 Billion
The announcement came Monday morning: Cabela's & Bass Pro reached a deal for $4.5 Billion. There's no information on how the Scarborough, Maine store could be effected.
Cabela's operates 85 stores including the one in Scarborough. They're based out of Sidney, Nebraska where there are concerns about future job losses in the small town. Cabela's has 2000 employees working there.
Bass Pro's CEO says he wants to grow the Cabela's brand and appreciates it's loyal customers. There's a Bass Pro Shop in New Hampshire.
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