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Dec 30th, 2023
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 BPS buys Cabelas
#11861669
10/03/16 01:47 PM
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Joined: Feb 2006
Posts: 929
kirbydog
OP
Pro Angler
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OP
Pro Angler
Joined: Feb 2006
Posts: 929 |
All cash deal-5.5 billion-company will be taken private.
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Re: BPS buys Cabelas
[Re: kirbydog]
#11861678
10/03/16 01:52 PM
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Joined: Mar 2009
Posts: 2,516
lipjerk
Extreme Angler
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Extreme Angler
Joined: Mar 2009
Posts: 2,516 |
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Re: BPS buys Cabelas
[Re: kirbydog]
#11861726
10/03/16 02:18 PM
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Joined: Jul 2012
Posts: 2,183
boocat
Extreme Angler
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Extreme Angler
Joined: Jul 2012
Posts: 2,183 |
So, Cabela's gonna stay Cabela's with like no apparent outward change or are the Cabela's going to turn into Bass Pro's?
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Re: BPS buys Cabelas
[Re: kirbydog]
#11861775
10/03/16 02:40 PM
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Joined: Apr 2008
Posts: 629
furim2
Pro Angler
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Pro Angler
Joined: Apr 2008
Posts: 629 |
This is not good. I'm sure AT&T would love to go out and acquire all the other phone companies. Remember Ma Bell? But the government won't let them. It's the same with all big companies, to prevent monopolies. Yet, Johnny Morris is being allowed to get control of the major boat manufacturers and outdoor sporting good stores. This is not good.
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Re: BPS buys Cabelas
[Re: lipjerk]
#11861843
10/03/16 03:11 PM
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Joined: Nov 2008
Posts: 7,616
361V
TFF Celebrity
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TFF Celebrity
Joined: Nov 2008
Posts: 7,616 |
Big difference between a sporting goods store and a utility company. Lots of regulations to avoid monopolies in the utility market. Utilities are considered necessities. Electricity, phone, gas... Fishing lures and bass boats? Not so much. Changes/regulations in the electricity market to do away with the huge companies controlling the market years ago backfired as far as I'm concerned. This whole "right to choose" thing has taken away the consumers ability to get all aspects taken care of by one company, resulted in poor customer service and did not result in cheaper energy bills IMHO. I do agree with you on that a huge sporting goods monopoly will not be good for the economy in the long run: mine as a cunsumer or to the small retail organizations("mom & pop" stores).
Last edited by 361V; 10/03/16 03:12 PM.
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Re: BPS buys Cabelas
[Re: kirbydog]
#11861867
10/03/16 03:23 PM
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Joined: Sep 2016
Posts: 10
Abner
Green Horn
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Green Horn
Joined: Sep 2016
Posts: 10 |
I talked to a friend in management at Cabellas - he told me merger will be complete in 9 months
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Re: BPS buys Cabelas
[Re: 361V]
#11861931
10/03/16 03:52 PM
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Joined: Mar 2010
Posts: 3,606
ChuChu1
TFF Team Angler
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TFF Team Angler
Joined: Mar 2010
Posts: 3,606 |
Big difference between a sporting goods store and a utility company. Lots of regulations to avoid monopolies in the utility market. Utilities are considered necessities. Electricity, phone, gas... Fishing lures and bass boats? Not so much. Changes/regulations in the electricity market to do away with the huge companies controlling the market years ago backfired as far as I'm concerned. This whole "right to choose" thing has taken away the consumers ability to get all aspects taken care of by one company, resulted in poor customer service and did not result in cheaper energy bills IMHO. I do agree with you on that a huge sporting goods monopoly will not be good for the economy in the long run: mine as a cunsumer or to the small retail organizations("mom & pop" stores). People said the same thing about WalMart. How has that worked out for the small stores?
Snowflakes and entitled brats will be the doom of America!
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Re: BPS buys Cabelas
[Re: kirbydog]
#11861945
10/03/16 03:59 PM
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Joined: May 2015
Posts: 659
FishVibesTv
Pro Angler
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Pro Angler
Joined: May 2015
Posts: 659 |
It's done! 
FishVibesTv1
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Re: BPS buys Cabelas
[Re: kirbydog]
#11861977
10/03/16 04:14 PM
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Joined: Feb 2015
Posts: 54
fish hunt sleep
Outdoorsman
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Outdoorsman
Joined: Feb 2015
Posts: 54 |
I am not a big fan of BPS and there high prices. With that being said, I do like Cabelas better. Better prices (IMO). Only thing is I don't like the restaurant in the the Fort Worth location. Food is terrible. Maybe bass pro will rip that out and put in a better place to eat.
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Re: BPS buys Cabelas
[Re: kirbydog]
#11862220
10/03/16 06:17 PM
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Joined: Mar 2006
Posts: 8,110
reeltexan
TFF Celebrity
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TFF Celebrity
Joined: Mar 2006
Posts: 8,110 |
I hate to see it. They are two different companies that are operated completely differently.
Both have a place but it may not be long until they are both pretty much the same.
"..The pleasantist angling is to see the fish
Cut with her golden oars the silver stream,
And greedily devour the treacherous bait.
Bill Shakespeare![[Linked Image]](http://s4.postimage.org/f0dhseas/P1120145.jpg)
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Re: BPS buys Cabelas
[Re: kirbydog]
#11862222
10/03/16 06:17 PM
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Joined: Jun 2005
Posts: 663
HaulinBass02
Pro Angler
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Pro Angler
Joined: Jun 2005
Posts: 663 |
As long as nothing changes I don't have a problem, but the issue is, a lot will change. I understand that Cabela's wasn't doing so well lately, but this does nothing but strengthens BPS' position. I personally prefer a lot of Cabela's stuff over BPS not to mention their prices "seemed" to be a little better too. Oh well, I guess time will tell........
On another note, the fact that Ranger boats, which is under the BPS umbrella, was sold by Cabela's and not BPS, is an interesting note. I wonder if they will rid the world of Ranger for the Nitro? I would find it hard to believe that there isn't a plan to get rid of competing brands now that they own them. But then again, if they own them, I guess they could keep them as well as long as one isn't pushing the market on the other one......
'99 Skeeter 186SX SC, 150 Yamaha VMax
'13 Ford F-150 SCrew XLT, 4x4, 5.0, 6-spd
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Re: BPS buys Cabelas
[Re: kirbydog]
#11862240
10/03/16 06:21 PM
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Joined: Oct 2008
Posts: 3,373
Chasin Hogs
TFF Team Angler
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TFF Team Angler
Joined: Oct 2008
Posts: 3,373 |
Maybe bass pro will make those fish at cabelas look half way healthy.
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Re: BPS buys Cabelas
[Re: HaulinBass02]
#11862283
10/03/16 06:47 PM
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Joined: Jan 2011
Posts: 4,194
rxkid2001
TFF Team Angler
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TFF Team Angler
Joined: Jan 2011
Posts: 4,194 |
As long as nothing changes I don't have a problem, but the issue is, a lot will change. I understand that Cabela's wasn't doing so well lately, but this does nothing but strengthens BPS' position. I personally prefer a lot of Cabela's stuff over BPS not to mention their prices "seemed" to be a little better too. Oh well, I guess time will tell........
On another note, the fact that Ranger boats, which is under the BPS umbrella, was sold by Cabela's and not BPS, is an interesting note. I wonder if they will rid the world of Ranger for the Nitro? I would find it hard to believe that there isn't a plan to get rid of competing brands now that they own them. But then again, if they own them, I guess they could keep them as well as long as one isn't pushing the market on the other one...... No way. I've been told ranger can't keep up with the demand for new boats so the price keeps going up. You spend 5 billion dollars you don't get rid of a cash cow that helps you pay that off.
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Re: BPS buys Cabelas
[Re: rxkid2001]
#11862308
10/03/16 07:01 PM
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Joined: Jun 2005
Posts: 663
HaulinBass02
Pro Angler
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Pro Angler
Joined: Jun 2005
Posts: 663 |
As long as nothing changes I don't have a problem, but the issue is, a lot will change. I understand that Cabela's wasn't doing so well lately, but this does nothing but strengthens BPS' position. I personally prefer a lot of Cabela's stuff over BPS not to mention their prices "seemed" to be a little better too. Oh well, I guess time will tell........
On another note, the fact that Ranger boats, which is under the BPS umbrella, was sold by Cabela's and not BPS, is an interesting note. I wonder if they will rid the world of Ranger for the Nitro? I would find it hard to believe that there isn't a plan to get rid of competing brands now that they own them. But then again, if they own them, I guess they could keep them as well as long as one isn't pushing the market on the other one...... No way. I've been told ranger can't keep up with the demand for new boats so the price keeps going up. You spend 5 billion dollars you don't get rid of a cash cow that helps you pay that off. Granted I'm not a Ranger guy but for the boat's sake, I sure hope you are right. They are as iconic to bass fishing as Skeeter is. I witnessed a couple of guys at Cabela's, not too long ago, almost get into a fist fight over which boat was better! Stupid thing is, decisions get made like that which make no sense. Competition isn't what it used to be, especially since conglomerates like what is forming now, happen. I buy a lot of tackle and Cabela's branded stuff that I hope don't go away now.
'99 Skeeter 186SX SC, 150 Yamaha VMax
'13 Ford F-150 SCrew XLT, 4x4, 5.0, 6-spd
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Re: BPS buys Cabelas
[Re: furim2]
#11862679
10/03/16 10:45 PM
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Joined: Apr 2015
Posts: 6,885
04champ
TFF Celebrity
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TFF Celebrity
Joined: Apr 2015
Posts: 6,885 |
This is not good. I'm sure AT&T would love to go out and acquire all the other phone companies. Remember Ma Bell? But the government won't let them. It's the same with all big companies, to prevent monopolies. Yet, Johnny Morris is being allowed to get control of the major boat manufacturers and outdoor sporting good stores. This is not good. I don't know anyone that really shops much at either of these places. Plenty of other outdoor/sporting goods retailers in the world.
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