Fishing and hunting equipment chain Bass Pro Shops agreed to buy rival chain Cabela's for $5.5 billion.
Three top executives resigned at Fishing Holdings, the Arkansas-based boat manufacturer of the Ranger, Triton and Stratos brands.
Bass Pro is working with an investment bank on the potential offer, people “familiar with the matter” told Reuters last week.
GE Capital is expanding its financing program with Bass Pro Shops and Tracker Marine to cover Fishing Holdings LLC.
Bass Pro Shops announced “Gone Fishing,” which it said is a major new program to introduce people of all ages to fishing.