Bass Pro Shops plans to acquire popular outdoor retail chain Cabela’s (NYSE:CAB) in a $5.5 billion deal expected to close in the first half of 2017. The transaction will be completed through a cash-for-stock purchase by which Cabela’s shareholders will receive $65.50 per share, a premium of 19.2% over Cabela’s closing share price on September 30, 2016. After the merger, Bass Pro will continue to recognize Cabela’s CLUB points, and the branded credit cards will be serviced by Capital One. Details of the $5.5 billion-dollar buy-out are covered in the press release highlights below:
SPRINGFIELD, Mo. & SIDNEY, Neb. (Business Wire) — Bass Pro Shops and Cabela’s Incorporated (NYSE:CAB), two iconic American outdoor companies with similar humble origins, and with a shared goal to better serve those who love the outdoors, today announced that they have entered into a definitive agreement under which Bass Pro Shops will acquire Cabela’s for $65.50 per share in cash, representing an aggregate transaction value of approximately $5.5 billion.
In addition, upon closing Bass Pro Shops will commence a multi-year partnership agreement with Capital One, National Association, a wholly-owned national banking subsidiary of Capital One Financial Corporation (NYSE: COF), under which Capital One will originate and service the Cabela’s CLUB, Cabela’s co-branded credit card, and Bass Pro Shops will maintain a seamless integration between the credit card program and the combined companies’ retail operations and deep customer relationships. All Cabela’s CLUB points and Bass Pro Shops Outdoor Rewards points will be unaffected by the transactions and customers can continue to use their credit cards as they were prior to the transaction.
CABELA’S
Founded in 1961 by Dick, Mary and Jim Cabela, Cabela’s is a highly respected marketer of hunting, fishing, camping, shooting sports and related outdoor merchandise. Today, Cabela’s has over 19,000 “outfitters” operating 85 specialty retail stores, primarily in the western U.S. and Canada. Cabela’s stores, catalog business and e-commerce operations will blend seamlessly with Bass Pro Shops and White River Marine Group. Over the past 55 years Cabela’s has built a passionate and loyal base of millions of enthusiasts who shop both at its retail stores and online.
BASS PRO SHOPS
Bass Pro Shops, founded in 1972 by avid young angler Johnny Morris, is a leading national retailer of outdoor gear and apparel, with 99 stores and Tracker Marine Centers located primarily in the eastern part of the U.S. and Canada. Morris started the business with eight square feet of space in the back of his father’s liquor store in Springfield, Mo., the company’s sole location for the first 13 years of business. Johnny’s passion for the outdoors and his feel for the products and shopping experiences desired by outdoor enthusiasts helped transform the industry. Bass Pro Shops, which employs approximately 20,000 team members, has been named by Forbes as one of “America’s Best Employers.”
This morning, we announced that Cabela’s will merge with Bass Pro Shops and, upon closing of the transaction, will begin a multi-year partnership with Capital One whereby Capital One will exclusively service the Cabela’s CLUB Visa card.
We’re really excited about joining forces with Bass Pro Shops to create the truly premier retailer in outdoor sporting goods. We will be able to provide you with access to more locations and the greatest selection of outdoor recreation equipment and apparel in North America.
We have worked hard to ensure that this process is seamless to you. We currently expect to complete the transactions in the first half of 2017, subject to regulatory approvals and other customary closing conditions. Until closing, Cabela’s and Bass Pro Shops will continue to operate as separate, independent companies, as they always have. Additionally, we will continue to honor and offer Cabela’s Gift Cards. Please know that we remain committed to upholding the trusted relationship we have built with you and are focused on providing the exceptional service and experiences you have come to expect from us.
For our CLUB members, following the closing of the transaction, we expect to operate the Cabela’s CLUB program without change or interruption. You will see no change to how you earn, save or use your points, and your point balance will not change.
Did you know that Shilen Rifles Inc. offers barreled actions and complete rifles? And that Shilen offers a Savage-style, barrel-nut system for its Rem-clone actions? After several years of development, Shilen now offers custom actions ($950.00), barreled custom actions with triggers ($1500.00), and complete rifles ($3200.00 and up).
The new Shilen custom actions are CNC-milled from high-grade stainless steel. Two types are offered — the multi-shot DGR (Repeater) or the single-shot DGV (Varminter) action. Both actions will be offered in most common bolt faces and both right-hand and left-hand actions are immediately available. The DGR and DGV actions have a 1.350″ diameter with 8-40 scope base mounting screw holes, and an 0.300″ pinned recoil lug. The spiral-fluted bolts feature a floating bolt head with an interchangeable bolt handle knob. These actions feature a footprint similar to the Remington Model 700. Both DGR and DGV actions will accept many aftermarket components crafted for Rem-700 style actions, including triggers and bottom metal.
Barreled Actions with Barrel-Nut System for Easy Barrel Exchanges
Along with the stand-alone DGR and DGV actions, Shilen is offering barreled action assemblies, chambered and ready to drop into Rem 700-inletted stocks. The actions are fitted with Shilen match-grade barrels and Shilen triggers. The barrels feature a 1-1/16″x20 barrel thread and are attached to the action by a barrel nut. This Savage-style barrel nut system simplifies headspacing, allowing easy swapping from one barrel to another. With the simple barrel-exchange procedure, you can shoot multiple chamberings with a single action/rifle. For example, shooters can change from a .223 Remington to a .204 Ruger or a .22-250 to a 6mm BR in a matter of minutes.
Complete Rifles with McMillan Stocks
With Shilen’s complete rifles, buyers can choose their chambering, and select barrel and stock configuration. Shooters can choose between a sporter weight wood stock or a variety of McMillan fiberglass stocks. With all complete rifles, the entire package is delivered in a quality gun case and Shilen even includes table mat, cleaning rod, bore guide, jag, bore brush, and cleaning patches. For more info, call (972) 875-5318 or email comments@shilen.com.
Today, September 24th, is National Hunting and Fishing Day. To help mark that event, we’re reprising a story from Europe that showcases the beauty of nature that can be experienced on a hunting trip.
If you need a break from your hum-drum day at the office, how about taking a virtual vacation to Norway, where you can explore the scenic mountains in the Fjord region?
Forum member Kenneth Skorpen (aka “Sal”) has created a cool video of a deer-hunting trip he took in Norway. He didn’t bag a buck on this trip, but the walk in the Fjordland mountains took Kenneth through some spectacular scenery. (At the 11:25 time mark you’ll see an amazing sunset over the Fjord.) Kenneth did encounter a doe that had fallen down the mountain, and apparently broken its neck (14:35 time mark). The terrain is very steep, and Kenneth observed that: “I feel fortunate to be able to do this, but I also feel very tired in my legs. Did you know that the hares around here have shorter left legs due to the steep hills?”
More Hunting/Shooting Videos from Norway
You can watch more interesting hunting and shooting videos from Norway on Kenneth Skorpen’s Streken Vertebrae YouTube Channel. Here are some links:
And here is another Skorpen video showcasing beautiful Norwegian landscapes. This was filmed during a February rifle testing session with targets at 1100 and 1400 meters. You’ll see some stunning snow-capped scenery here, starting at the 4:30 time mark.
Today, September 24th, is National Hunting and Fishing Day. If you are a serious hunter (or aspire to be) here are two resources you should definitely add to your library. Written by a lifelong New Zealand hunter with a wealth of field experience, the Practical Guide to Hunting Cartridges tells you what you need to know about hunting cartridge performance. In no-nonsense terms, this book reveals how various rounds actually perform in a wide variety of game species. Nathan’s first book, The Practical Guide to Long Range Hunting Rifles, is a classic — one of the best books ever written on choosing and using a hunting rifle. We recommend booth books highly.
If you really want to learn about long-range hunting, listen to a pro like Nathan Foster who has spent decades in the wild, harvesting over 7500 head of game. His classic guide to Hunting Rifles analyzes what you need in a hunting firearm and compares various action/stock/barrel/scope options. This book also provides some practical stalking and shooting tips for hunters. Nathan’s 415-page companion book on Hunting Cartridges guides you through the process of choosing cartridge and projectile(s) for your hunts. Nathan examines the pros and cons of various cartridges so that the reader can select the best cartridge and projectile to get the job done. This book represents years of first-hand research, testing scores of calibers/loads in the field.
Nathan is truly a hunting expert. Nathan has spent thousands of hours in the field and he knows the subject cold. Unlike some outdoor writers, Nathan doesn’t pull punches — he tells the unvarnished truth about what works and what doesn’t. Here’s what Nathan says about these two books:
For several years, I have received two types of email. The first question is which is the right rifle for me? The second question is which is the right cartridge? My first book dealt with the accurate rifle. This second book deals with long range hunting cartridge selection. I firmly believe that there has been a huge gap in education regarding optimal long range hunting cartridge performance. In many instances, both hunters and bullet manufacturers do not understand what’s required to achieve goals. Many times, the wrong tools are used for long range hunting. This book seeks to remedy these problems.
In the Practical Guide to Long Range Hunting Cartridges, I start with the fundamentals of game killing — but from the perspective of the long range hunter (also encountering close range shots). This section is not politically correct in any way, as after the study of anatomy, I explore worst case scenarios in as much depth as ideal shot placement.
The second section of the book is a study of projectile design. I wanted to get right down to the finer details of the long range hunting bullet in this section, exploring manufacturers, manufacturing techniques, and ways in which the end user can perform preliminary testing as well as bullet modifications.
The third section explains how to select a long range hunting cartridge. The system I have used here is based on a selection method I developed over the years to help clients worldwide. This method takes individual circumstances into consideration rather than a one-size-fits-all approach. It is a system that relies on plain common sense based on research. The fourth section of the book is the cartridge section. Cartridge information is presented in a set format with Pro/Con summary tables. In many instances I have included my own load notes.
About the Author: New Zealander Nathan Foster lives and breathes what he teaches. An expert in the field of terminal ballistics, Nathan has taken over 7500 head of game, and has field-tested a vast number of cartridges and projectiles. Nathan’s first book, The Practical Guide to Long Range Hunting Rifles, is widely recognized as one of the best books ever published on the subject. The new book goes into greater detail on specific cartridges. Nathan’s website includes an outstanding online cartridge knowledge base with over 60 detailed cartridge profiles. CLICK HERE for Cartridge INFO.
Nathan runs Terminal Ballistics Research, a small company in Taranaki, New Zealand, that conducts cartridge and projectile performance research. Nathan also operates a long-range shooting school. Nathan is also the creator of MatchGrade Bedding Products.
National Hunting and Fishing Day (NHF Day) takes place on Saturday, September 24, 2016. The annual celebration serves as a reminder that conservation succeeds because of leadership and funding from hunters, shooters and anglers. National, regional, state and local organizations will run thousands of “open house” hunting- and fishing-related events around the country. Events will include Fishing Derbys, Hunting Expos, Wing-shooting tournaments, and much more. Over four million Americans will participate. For information on NHF Day, visit www.nhfday.org. To find NHF Day events in your state, click the links below.
Here is a great deal on a great little rifle. Right now at Cabela’s you can get the Howa 1500 Mini-Action in .223 Rem for just $314.99 with Coupon Code 16STALKUP. The rifle (with black synthetic stock) is already on sale, marked down to $349.99. That discount code gives you another 10% off. That’s a bargain — other vendors are charging $515.00 or more for this rifle. We actually “walked through” the online ordering process ourselves to confirm that the discount code works (see below). Note, you order online, but the rifles must be picked up in a Cabela’s store.
The Howa 1500 Mini Action is nearly an inch shorter than a Rem 700 short action, making for a nice, compact carry-around varminter (OAL length is just 41.5″). Your Editor checked out the Howa Mini Action Rifle at SHOT Show. The bolt opens and closes VERY smoothly (way better than most mass-produced bolt guns). The two-stage HACT trigger is excellent — it’s plenty light, with a crisp release and no annoying spring-loaded blade in the middle. I like it MUCH better than standard Remington, Ruger, or Savage triggers.
The standard Howa Mini Action rifle weighs 6 pounds without scope. This particular model comes with a 22″ barrel, black synthetic stock, and 10-round detachable box magazine. The Howa Mini on sale at Cabelas.com is a .223 Remington, but other chamberings are available at a higher price if you shop around. Howa offers Mini Action rifles in .204 Ruger, .222 Rem, .223 Rem, 6.5 Grendel, and 7.62x39mm.
The rear stock and grip (shown above) come from the commercial LUCID AR Stock Kit. But Forum member Brian V. custom-made this one-piece walnut forearm.
Forum member Brian V. (aka “Carbide”) wanted a new look for his “modern sporting rifle”. He was tired of looking at black plastic (or FDE, OD green) and aluminum components on his AR15. So he decided to fit wood “furniture” on the rifle. He ordered a wood butt-stock and fore-arm set made by Lucid, but he didn’t like the two-piece fore-arm of the Lucid stock set. He decided he could build something better than the commercially-available, Lucid-made wood fore-arm.
Lathe-Turned Custom Walnut Sleeve in Front
So Brian took his existing AR tubular fore-arm and epoxied a walnut sleeve to it. With a lathe, Brian then turned the walnut sleeve to his desired dimensions: 2.250″ diameter in back and 2.200″ diameter in front, so there’s a little taper. Brian says “I could have gone a little thinner.” The wood fore-end was then sanded and stained to match the Lucid-made rear section. Brian says “the stain is not quite a perfect match, but but it looks a lot better.”
Does Brian like his new wood-stocked AR? Absolutely. He says the conversion makes the gun more user-friendly: “The wood is warmer to carry in winter and quieter.” He adds that the wood sleeve added about four ounces of weight to the fore-end, but that did not affect the handling.
We think this is a good “do-it-yourself” project that could be done by many of our readers. You can simply install the Lucid stock set or customize the front end like Brian did. Either way, you end up with a good-looking rifle that feels better in your hands.
Everybody knows that powerful spotting scopes work best when mounted to a stable tripod or otherwise secured to a steady mount. Yet when most folks use binoculars, they never even think of using a tripod, despite the fact that tripod adapters are available for many premium binoculars. A serious hunter should learn how to glass with tripod support. With binoculars offering more that 8X magnification, you can really benefit from a steady mount. In this article, Mark Boardman of Vortex Optics, an experienced hunter, explains the benefits of using a tripod with high-magnification binoculars.
If you ever shoot factory ammo, you should consider getting Ammo & Ballistics 5. This resource book lists over 2,600 different loads for 190 cartridge types from 17 Mach 2 up to .700 Nitro Express, including the most popular centerfire and rimfire cartridges (both rifle and handgun). There are over 1,400 tables with ballistics data for nearly all commercially-loaded hunting ammunition sold in the United States (as of 2013, the publication date). Tables include velocity, energy, wind drift, bullet drop, and ballistic coefficient.
This book can be helpful when choosing ammo for a hunt. You can quickly compare the velocity and knock-down power of various types of commercial ammo. In addition, this book can help you choose a caliber/chambering for your next hunting rig, as you can compare factory load options.
Book Purchaser Reviews
“The data contained in this book is invaluable. If you don’t understand momentum vs. energy, MER and MEPBR, this book will help you gain an understanding. If you don’t know what the Taylor Knock Out (KO) Index is, this book will enlighten and inform.” — Daryl ID
“Great heaps of data! This volume has pages and pages of new data for .22LR like the hot Velocitor, and also on the .22 WMR from 30 grains up into the 50s. Most importantly there is lots of range data, drop, windage, kinetic energy, etc. — Terrific reference guide….” — E. Svanoe
Summer is almost over. That’s means hunting season is coming soon. To help you prepare for your fall hunts, NRABlog.com has created a set of color practice hunting targets. You can hone your skills on a trio of bucks, three gobblers, or three wild hogs.
Each target features three red bullseyes, centered on the animals. You can print the targets in black and white, but they look best in color. Click on each image below to download a FREE printable PDF file.
As the NRA Blog says: “Print out the turkey target, grab your shotgun, and head to the outdoor range. Or, try your hand at deer and hog while zeroing your rifle.”
RIght-Click Each Image to Download Printable PDF File: