Cabela’s May Have a New Suitor—Goldman Sachs

Privately held outdoor retailer Bass Pro Shops has partnered with Goldman Sachs Group’s private equity arm to make an offer for U.S. hunting and fishing store chain Cabela’s, according to people familiar with the matter.

The move gives Bass Pro the equity financing necessary to pursue Cabela’s and makes such a deal more likely, given the potential cost savings and synergies a combination of the two U.S. hunting and finishing retailers would bring.

Cabela’s shares ended trading up...

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