Deal for Bass Pro Shops to purchase Cabela's one step closer to - WDRB 41 Louisville News

Deal for Bass Pro Shops to purchase Cabela's one step closer to reality

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LOUISVILLE, Ky. (WDRB) -- Two of the biggest names in the outdoors industry are a step closer to merging.

On Tuesday -- a week after the Federal Trade Commission gave its approval -- Cabela's shareholders approved a proposed deal for Bass Pro Shops to purchase the hunting and fishing supplies chain. 

There's a Bass Pro in Clarksville, Indiana, and a Cabela's in Louisville's east end.

The merger is worth about $4.2 billion and is expected to close in the third quarter.

There's no word on whether any stores will close.

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