Cabela’s shareholders will vote July 11 on selling the company to Bass Pro Shops. Many shareholders will vote remotely — via mail, phone or online — but Cabela’s will host a meeting to discuss the results at its company headquarters in Sidney, Nebraska, that day.
If approved by shareholders, it will bring the Nebraska-based outdoors retailer one step closer to a sale to its longtime competitor, Bass Pro. The deal also awaits regulatory approval from the Federal Trade Commission. Cabela’s said it hopes to close on the sale in the third quarter this year.
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