By Jon Corrigan

By: Jon Corrigan

Bass Pro Shops has reportedly agreed to acquire Cabela’s in a pending deal worth an estimated $5.5 billion, per a press release issued on Monday morning.

“Today’s announcement marks an exceptional opportunity to bring together three special companies with an abiding love for the outdoors and a passion for serving sportsmen and sportswomen,” said Johnny Morris, founder and CEO of Bass Pro Shops, in a statement. “The story of each of these companies could only have happened in America, made possible by our uniquely American free enterprise system. We have enormous admiration for Cabela’s, its founders and outfitters, and its loyal base of customers. We look forward to continuing to celebrate and grow the Cabela’s brand alongside Bass Pro Shops and White River as one unified outdoor family.”

Morris also notes that the customer loyalty programs will remain in place.

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From 99.5 WYCD Detroit's Best Country

Guide: Little Caesars Arena Concert ScheduleMany of the top names in music have already booked dates at the new arena. Here are the music events booked at the arena so far.
Here’s What You Should Know About Little Caesars ArenaIf you are heading to Little Caesars Arena, you will want to bookmark this page.

Listen Live