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

September 29, 2016 3:31 PM EDT

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.

(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.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Mergers and Acquisitions, Rumors, Trader Talk

Related Entities

Goldman Sachs

Add Your Comment