Bass Pro Sho psr eels i nr ival

The Denver Post - - BUSINESS -

Sport­ing good ss tore Ca­bela ’ss aid an­titrust reg­u­la­tors have signed off o nit s $4 bil­lion sal eto com­petit orb a sspros hops. The Fed­era ltr ade Com­mis­sio nc losed its in­ves­ti­ga­tion into the deal, and Ca­bela ’ss hare­hold­ers are schedul edt ovo te on the of­fer thi sw eek. Pri­vately-held Bass Pro Shops is buy­ing Ca­bela’s for $61.50 a share. Bank­ing reg­u­la­tors are sti llr eview­ing an­other part of the dea l,w hich wi lls ee Ca­bela’s credit car dbu si­ness sol dto Capita lo ne ,v ia a bank­ing mid­dle­man. Bank­ing reg­u­la­tors ques­tioned the orig­i­nal deal be­tween the com­pa­nies, which call edf orc apita lo net o buy the credit car dbu si­ness di­rectly.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.