Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Cabela's Incorporated (NYSE: CAB) acted responsibly on behalf of investors’ profitability in the planned $5.5 billion sale to Bass Pro Shops.
On October 3, 2016, Cabela's Incorporated (NYSE: CAB) and Bass Pro Shops announced that they had entered into a merger agreement. Under the terms of the merger agreement, Bass will offer Cabela's shareholders $65.50 per share in cash for all outstanding shares.
Based in Sidney, Nebraska, and founded in 1961 Cabela's Incorporated operates as a specialty retailer and direct marketer of hunting, fishing, camping, and related outdoor merchandise.
The investigation focuses on whether NYSE: CAB investors received the highest price and whether the directors of Cabela's Incorporated acted in the best interest of Cabela's Incorporated company and its shareholders.
If you purchased Cabela's Incorporated (NYSE: CAB) prior to October 3, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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