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Cabela’s Shares Surge on Buyout Offer, Tesla Gains on Q3 Sales Surprise

May 25, 2023
in Trade Tube
Reading Time: 1 min read
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The first trading session of the fourth quarter is off to a relatively muted start ahead of economic data including the monthly jobs report later this week. Janus Capital , the already giant money manager -headlined by “Bond King” Bill Gross is getting even bigger after London’s Henderson Group announced it’s buying the firm. Together the combined fund will manage an estimated $320 billion. Outdoor-equipment retail chain Cabela’s . Bass Pro Shops is buying the Connecticut-based retailer for $5.5 billion, or just over $65 a share in cash. Sources speaking to Bloomberg say Bass Pro edged out competition from the private equity firm Sycamore Partners. And,

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