Sep. 18, 2014, 1:30 PM
- Bass Pro Shops hires Moelis to help it explore financing options.
- Sources say a sale of a minority stake, likely to a P-E firm, would value the retailer in the billions.
- A capital-heavy Bass Pro could pose a threat to Cabela's (CAB -0.8%) and to a lesser extent Dick's Sporting Goods (DKS) if expansion is part of the plan.
CAB vs. ETF Alternatives
Cabela's Inc is a specialty retailer and a direct marketer of hunting, fishing, camping, and related outdoor merchandise. The Company operates in two segment retail and direct segments. It also issue the Cabela's CLUB Visa credit card.
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