From seeking alpha
Caleba's preps to operate as part of Bass Pro Shops
Jul. 31, 2017 2:57 PM • SA Editor Clark Schultz
Some scouting by Elevation Securities indicates that Cabela's (CAB -1.9%) is expecting the Bass Pro Shops deal to close.
Channel checks by the firm showed some stores are already swapping in Bass Pro Shops POS terminals.
Source: Bloomberg
Cabela's trades about 6% below the $61.50 merger deal price as investors continue to price in some banking regulatory risk.