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Cabela's on the move as investor group steps in front

Oct. 03, 2016 7:49 AM ETCabela's Incorporated (CAB) StockGS, COF, CABBy: Clark Schultz, SA News Editor
  • A consortium of investors has emerged as the leading bidder for Cabela's (NYSE:CAB), sources tell Reuters.
  • The group includes Bass Pro Shops, the PE arm of Goldman Sachs (NYSE:GS), and Capital One Financial (NYSE:COF).
  • Speculation on a Cabela's buyout has gone on for almost a year after the company opened itself up to considering strategic alternatives.
  • CAB +5.59% premarket to $58.00. Shares of the retailer are up 24.5% over the last 52 weeks.

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Cabela's Incorporated