Old plug Posted May 17, 2016 Posted May 17, 2016 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.
MOPanfisher Posted May 17, 2016 Posted May 17, 2016 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.
ness Posted October 3, 2016 Posted October 3, 2016 http://www.bloomberg.com/news/articles/2016-10-03/cabela-s-agrees-to-be-bought-by-bass-pro-in-5-5-billion-deal Stump bumper 1 John
Stump bumper Posted October 3, 2016 Author Posted October 3, 2016 Wow, I started this and never got around to buying that stock. Story of my life.
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