The roughly $4 billion sale of outdoor outfitter Cabela’s to rival Bass Pro Shops appears ready to close after regulators approved the sale of Cabela’s credit card unit.
The Federal Reserve said Wednesday it approved the sale of the credit card business to the Georgia-based bank Synovus.
It’s not clear how many of the roughly 2,000 jobs based in Cabela’s hometown of Sidney, Nebraska, will remain afterward the deal is finalized.
AP
