UPDATE: Cabela's (CAB) Gains; Bass Pro, Sycamore Consortia Said to Be Final Bidders

September 29, 2016 3:31 PM EDT

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(Updated - September 29, 2016 3:38 PM EDT)

Cabela's (NYSE: CAB) gained on rumors two consortia have formed to make offers this week. According to Reuters sources, Bass Pro and Goldman Sachs' (NYSE: GS) private equity arm are working on a bid with Capital One, which is interested in its credit card business. The other group includes Sycamore with credit card company Synchrony Financial (NYSE: SYF).

Binding offers are due this week.



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