Financiers in Cabela’s Inc may
want to secure revenues prior to the hunting and fishing devices
store chain sells itself or its numerous assets, according to a.
report in the most recent edition of the financial publication.
Barron’s. Barron’s said its analysis suggests a sale is unlikely to.
bring a considerable premium above the present share cost, and.
investors ought to think about making the most of a current run-up.
based on takeover speculation. Cabela’s shares closed at $51.99 on the New York Stock.
Exchange on Friday after trading as low as $39 in February.
A New York Post report recently said last bids are.
expected by the end of the month for Cabela’s property,.
charge card company and retail operations. Reuters in April.
reported that privately held outside seller Bass Pro Shops had.
partnered with Goldman Sachs Group Inc’s private equity.
arm making a bid for Cabela’s.
Without some $200 million in charge card fees in 2014,.
Cabela’s would have had an operating loss, Barron’s stated, including.
that it was unclear if a bidder for the charge card business.
would continue the existing “generous offer” it now has with the.
Any offers for Cabela’s parts may amount to less than what.
public financiers are now spending for the shares, the report.
( Reporting by Expense Berkrot; Modifying by Meredith Mazzilli).