http://www.omaha.com/money/cabela-s-quietly-sought-sale-before-investor-push-jim-cabela/article_d0255fd7-1ccb-5851-93f5-5bcb2e3cc82c.html
16 replies (most recent on top)
Read www.omaha.com/money/to-move-it's-hq--Chicago-ConAgra-settled-for-less/article
To move its HQ to Chicago,Consgra settle for less than half the $25.8 M in incentives that Nebraskaeas willing to offer by Barbara Soderlin
I think there is a chance if the state of Nebraska and the city of Sidney were to offer Cabelas or the new company the same economic incentive they offered lukjan and combine this with say a 1 percent charge on the 4.5 billion dollar sale price to be used for severance or for a employee assistance package to retain employees things would probably look a lot better.
facing reality what do you mean?
Just wondering if the employees who think their jobs are secure and everything is rosy are facing reality now. There will be job loss in town and it will be very rough on the employees and town.
Has anyone bothered to read the site rules? You cannot be banned for having a different opinion, but you can be banned (and all your posts get deleted, of course) for giving/asking personal info, for bulling and for using derogatory language. There are some rules about spamming and trolling as well.
Check their rules yourselves.
I'm done with this site. I am genuinely concerned about the fate of the company and employees. I go on here to read about what is going on and not to read some unintelligible knucklehead babbling about other posters.
Every time this person posts, I can feel my brains leaking out of my ears.
it would have taken a great deal of courage for a city council man in Sidney to take actions which could be seen as going against the wave of men who makes multi million dollars at cabelas or bass pro to save the lifeline of Sidney ne . . I think we can all agree the Sidney council took the easy way out and did nothing along with the city staff.
Read this carefully
Highby and Cabela tried to protect Sidney until the end, according to the documents. In the fall, before the deal was announced, they said they would agree to vote their shares for a Bass Pro deal if “the bidder were to make certain commitments regarding maintaining a presence in Sidney, Nebraska, following any potential transaction.”
They ultimately settled for the statement in the press release announcing the deal that nodded to Sidney’s importance to Cabela’s and vice versa. Still, analysts have said many jobs are likely to be lost in Sidney.
It’s unlikely that Cabela’s could have fetched a higher price than Bass offered from any of the companies that initially were interested in the retailer. “Strategic” buyers like Bass Pro are almost always willing to pay a higher price to acquire a competing company because they can save money after the deal closes by eliminating overlapping functions, while still adding new stores and increasing sales.
Documents filed with the SEC show that the headquarters will be in Bass Pro’s home, Springfield, Missouri. Bass CEO Morris said, in a meeting with Cabela’s employees last year, that he intends to maintain “important, significant jobs” in Sidney. Still, he said he wouldn’t make false promises, noting that there would be some “slimming down” as operations combine
I just read how it was against this site to give personal information on this site. Calling someone a tough guy sound dangerous individual. is this post allowed?
to the poster who said Bass pro will fire all 2000 employees and bass pro will bring in 100 people to run the Sidney operation. are you unemployed?
Asking to have an individual banned because they have a different opinion than yours is ludacris as best not to mention down right arrogant.
What is next all post must be scrutinized by you so to be in adherence to your views as well as your point if view?
I get a kick out of your comments like bass pro will fire 2000 people in Sidney or bass pro will bring 100 people into Sidney to run the Cabela's operation. . HOST BAN THIS POSTER HE IS SAYING MY POST AS A NEGATIVE EFFECT ON THE HOUSING MARKET OR THE BUSINESS CLIMATE IN SIDNEY
Geez Mr. All Caps take a pill and chill out, it was just an article from a paper,
Please check your syntax and grammar as well, proof reading does go a long way. and please please please quit typing in all caps. It is quite annoying.
If feel you need to make a point or contribute to he conversation, yelling does not help. It only hurts your argument/comment.
Your 'yelling/screaming" is typical of a immature individual who is seeking attention,
Your bringing nothing but ridicule and shame to yourself with your childish antics and ravings.
POST THE COMMENT NOW WHERE BASS STATED THEY DO NOT WANT SIDNEY ANYTHING TO DO WITH SIDNEY. YOU ARE SUCH A HATEFUL PERSON. YOU WANT TO GIVE MILLIONS AND MILLIONS OF DOLLARS TO BUSINESS WHICH WILL NOT HELP THIS COMMUNITY AT ALL BASICALLY TO RECOVER . HOWEVER IF ONE PERSON SUGGEST WE TRY TO SEE HOW WE CAN KEEP A COMPANY WHICH EMPLOYEE 2000 PEOPLE IN THIS COMMUNITY YOU START ON THIS OUTRANGE OF IT WON'T DO ANY GOOD OR HOW IT IS A CRIME FOR THE GOVERMENT TO TRY AND KEEP A BUSINESS IN A TOWN. (IF IT IS CABELAS). I HAVE NEVER SEEN A MORE HATEFUL PERSON TO CABELAS OR SIDNEY.
where was there one cap in the post. for that matter where was there anything besides a topic pasted from the newspaper.
Hey mr all caps.
It looks like you are wrong again. All you pie-in-the-sky optimism has been gone nowhere. BP is clear they don't want Sidney. They made a wish washy commitment to keeping something here. Wake up.