September 25, 2017
Bass Pro Shops and Cabela’s Incorporated (NYSE:CAB), two iconic American outdoor companies, have announced that they have successfully completed the transaction in which privately held Bass Pro Shops acquired Cabela’s for $61.50 per share in cash, representing an aggregate transaction value of approximately $5.0 billion. As a result of the completion of this transaction, Cabela’s common stock will no longer be listed for trading.
Latham & Watkins LLP represented Bass Pro Shops in the transaction with a Chicago-based corporate deal team led by partners Michael Pucker, Scott Hairston and Jonathan Solomon, with associates Daniel Breslin and Emily Stegich. Advice was also provided on finance matters by partner Brad Kotler and counsel Cindy Caillavet Sinclair, with associates Joanna Bartold and Jennifer Hou Hirst; on securitization matters by partner Ellen Marks; on tax matters by partner Diana Doyle, with associate Enrique Rene de Vera; on employee benefits matters by partner Robin Struve, with associate Ekaterina (Kate) Napalkova; and on real estate matters by partner Robert Buday and counsel Jeffrey Anderson, with associate Zonia Medina. All lawyers are based in the firm’s Chicago office, with the exception of Ms. Napalkova who is in Los Angeles.