The rumors have been swirling for months, and now the official announcement has been made—Bass Pro Shops will indeed purchase outdoor gear retail competitor Cabela’s.
The companies announced on Monday that Bass Pro Shops will acquire Cabela’s for $65.50 per share in cash, representing an aggregate transaction value of approximately $5.5 billion. According to the release announcing the acquisition, Bass Pro Shops, headquartered in Springfield, Mo., will “celebrate and grow” the Cabela's brand.
“The essence of both Bass Pro Shops and Cabela’s is a deep passion to serve outdoor enthusiasts and support conservation,” the announcement stated. “The combination brings together three of the nation's premier sporting brands: Cabela’s, a leader in hunting; Bass Pro Shops, a leader in fishing; and White River Marine Group, a worldwide leader in boating, which is part of Bass Pro Shops.”
Bass Pro Shops has nearly 100 stores and 20,000 employees. Cabela's has about 85 stores and about 19,000 employees.
WSJ: Federal Agents Are Scanning License Plates Of Gun Show Attendees
On Monday, The Wall Street Journal reported that federal Immigration and Customs Enforcement (ICE) agents has been enlisting local California police to scan the license plates of cars at gun shows since 2010.
License plate scanning technology can record thousands of plates an hour, and is increasingly used by law enforcement to search for fugitives and missing children. However, John Chigos, CEO of PlateSmart Technologies, called mass scanning of plates at gun shows “an abuse of the technology.”
Through a FOIA request, the WSJ obtained ICE emails revealing the request for assistance: “We would like to see if you can support an outbound guns/ammo operation on (redacted) at the Crossroads (Del Mar) Gun Show. We would like to deploy license plate readers.” The Del Mar Gun Show typically draws 6,000 to 9,000 customers.
“I think my customers would be resentful of having been the target of that kind of surveillance,” said Del Mar Gun Show CEO Bob Templeton.
New York: Fears Of Violent Crime, Clinton Presidency Bolster Pistol Permit Applications
Amid rising violent crime rates and fears about the outcome of the upcoming elections, gun owners in New York are applying for pistol permits in record numbers.
By September of this year, 130 Albany County residents had applied for pistol permits. That’s as many applicants as in all of 2014, and double the number from 2015. “We’re getting rocked with applications,” Sheriff Craig Apple said.
While applications have been rising for years in Columbia County, Sheriff David Bartlett reported a 186-percent surge during six months of 2016. From January-June, 515 permits were processed, nearly double the 290 processed in all of 2014.
Rensselaer County also had about 300 applications in 2014. But this year, the county is on pace to process over 1,000, prompting Rensselaer County Sheriff Patrick Russo to hire a full-time officer to process permits. Russo said many applicants cite the fear of a Hillary Clinton presidency as their reason for applying: “People are afraid if they don’t get a pistol permit now, they won’t be able to get it later.”
Gun-Banner Kim Kardashian Robbed By Armed Men In Gun-Free Paris
Reality TV “star” and anti-gun zealot Kim Kardashian was robbed of more than $10 million worth of jewelry by armed robbers Sunday night in the gun-free utopia of Paris, TMZ reports.
According to reports, a gang of five armed men disguised themselves as police, threatened the concierge and made him open the door to Kardashian’s room, where they bound her with handcuffs and tape, put her in a bathtub, and made off with her jewelry box and her $4.5 million, 20-carat diamond ring. After the robbery, Kardashian fled Paris in her private jet.
If an out-of-touch millionaire elitist like Kim Kardashian isn’t safe from crime, despite being able to afford 24/7 security—even in a place like Paris, whose gun bans she would presumably like to see imposed on all of us—can any of us mere mortals feel safe? Maybe Kardashian should butt out of our lives and worry about her own security.
Would-Be Armed Robbers Held At Gunpoint By Good Samaritan
A would-be robbery at a Houston area AutoZone was thwarted by an armed good Samaritan.
According to Harris County sheriff’s deputies, three male suspects entered the store with guns around 9 p.m. Friday night and demanded cash from the register. A customer, who had a concealed handgun permit, saw the incident unfolding as he drove up to the store and decided to step in and help.
The customer pulled out his firearm and ordered all three men to drop their weapons and get on the ground, holding them until deputies arrived on the scene.