Cabela’s says federal regulators have ended their investigation into Bass Pro Shops’ $4 billion deal to buy the Sidney-based chain.
Cabela’s said Wednesday that the Federal Trade Commission signed off on the deal earlier this week, but banking regulators still haven’t approved part of the transaction. Cabela’s shareholders will vote on the deal, which would pay them $61.50 per share, next this week, b
Stifel Nicholas analyst Jim Duffy said gaining FTC approval makes it much more likely that the merger of the two outdoor gear selling rivals will be completed.
No additional information on how the deal, when finalized next week, will impact employment in Sidney