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Posted

I think they will take controlling position. Then compete with themselves. I read In the post dispatch last week that Johnny has a PERSONAL wealth of about 4.5 Billion. He will buy what he wants. 

Posted

Net worth <> Cash.

John

Posted

I expect he could buy a controlling interest in Cabelas, and then "compete" with himself.  John Q. Hammon did it for years by building/buying a couple of hotels & conference centers.  Between what he had nobody else could get enough market to stay afloat.  If JM thought it was a viable long term profitable enterprise I would expect him to try to buy it, if he thinks he can outlast it and let the rumors die down, stock prices drop and buy it for say 20% less why not wait, or Cabelas could even get broken up into franchises who knows. 

  • 4 months later...

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