It's interesting that some of the stories list the price as $4.5 billion, some as $5.5 billion. Given 68,470,000 shares outstanding, the $4.5 billion number is correct. Not a great premium to price before announcement.
The owner of Bass Pro has been very successful despite being a bit crazy. Johnny Morris is an "act now, think later" kind of guy. Story I heard once was that when he was building his first (only?) salt water store (in the Florida Keys), he told an exec to fly to his home in Florida. He showed him a boat that he said was owned by Ernest Hemingway (it wasn't, it was the sister ship to Hemingway's boat which he supposedly went out on and then decided to buy one). Anyway, he told the exec, "I want to put this in the store". The exec said "do you realize the amount of space it will take up that could be filled with product to sell?" Johnny said to do it. The exec then said "we will have to rip down an exterior wall to do this" to which Johnny replied "then do that". And they did.
Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.
Members of our community may attach files to a post in accordance with the User Agreement. FatWallet is not responsible for the content, accuracy, completeness or validity of any information contained in any attached file. Files have *not* been scanned for viruses. Be especially wary of Excel files which may contain malicious content.
Earn Cash Back while you shop - just 3 simple steps.
1. Sign Up so we know who to pay! (It's FREE.)
2. Shop through FatWallet for deals from your favorite stores. Your online purchases earn Cash Back that builds in your FatWallet account.
3. Get Paid by requesting a payment via check or PayPal.
FatWallet coupons help you save more when shopping online. Use our Coupons Search to browse coupons and offers from thousands of stores, gathered into one convenient location.
As part of our FatWallet Community, you can share deals with almost a million shoppers in our forums. Forum content is generated by consumers for consumers. Share deals, money-saving tips, and more. It's FREE, fun, and addicting.
Our customer experience team is here around the clock - real people ready to assist.