Cabela’s Purchase Of Bass Pro Shops Moves Forward After Delay

posted on September 12, 2017
** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. **

Gun owners eager to see the effects of the merger of Cabela’s and Bass Pro Shops, both major sporting-goods retailers that sell firearms, should have the chance soon. Federal regulators have allowed the move to proceed, cheering the leadership at Cabela’s and causing the retailer’s stock price to rise.

Guns.com reports that the Federal Reserve has approved the sale of World’s Foremost Bank, the financing arm of the Cabela’s empire, following the conditions of the merger. Observers saw an immediate 14 percent surge in Cabela’s stock. The retailer experienced poor quarterly sales, which CEO Tommy Millner blamed in part on the liquidation of bankrupt competitor Gander Mountain’s gun inventory, and is hoping that buying Bass Pro Shops will open up new opportunities.

We’ll have to wait and see what consequences this merger has in terms of firearm prices and availability, but that wait isn’t looking so long anymore.

Latest

Holiday Gift Guide

The Trade Association for the Firearms Industry is Calling Out JPMorganChase

The CEO of JPMorganChase, Jamie Dimon, went on Fox News and claimed that JPMorganChase does not debank individuals, associations or corporations for ideological reasons. But the NSSF points out that Dimon has said different things before.

Gun Review | Rost Martin RM1C

I would like to introduce you to the Rost Martin RM1C—and yes, anyone familiar with the Glock 19 will immediately see its lineage. I nevertheless became intrigued by this gun, as I believe you might, thanks to some of its special features—and thanks to its price tag.

The NRA is Still Fighting for Our First Amendment Freedoms

Though the U.S. Supreme Court ruled 9-0 in favor of the NRA's argument in NRA v. Vullo, the decision sent the case back to a lower court, which ruled the offending government official had "qualified immunity." As a result, this case is ongoing.

Policing Should Not Be A Political Issue

Crime is a complicated topic, but there is an extremely simple rule that must be observed before one can begin to fight it effectively: One must genuinely wish to deal with the problem. Without such an elementary ambition, no amount of legislation, activity, taxpayer money or speechmaking will make the slightest bit of difference.

Gun-Control Group Inadvertently Admits Armed Citizens are Effective

The gun-control group Everytown inadvertently admitted that lawfully armed citizens stop a lot of crimes in America.



Get the best of America's 1st Freedom delivered to your inbox.