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Main Forums: Duck Boat/Hunting Forum: Re: The Background of Bass Pro's Buyout of Cabelas: You all probably knew this; I didn't: Edit Log

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Re: The Background of Bass Pro's Buyout of Cabelas: You all probably knew this; I didn't
The Morris family's holdings were significantly less that Cabelas worth, as well as being a privately held company (Bass Pro Shops), which required no shareholder check-off as the entered the market to seek a source of financing for a highly leveraged purchase. I strongly doubt they will achieve the annual growth rate necessary to make this business venture consistently profitable, since their market is shrinking an, as described here, they fail on multiple fronts to provide the level of service and quality that Cabela's was known for. The Redhead brand gear I have purchased from them was mediocre, at best, moving me to stop purchasing from them over a decade prior this merger' occurrence.

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RLLigman: Feb 13, 2020, 3:52 AM

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