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Fly News Breaks for March 30, 2016
CAB
Mar 30, 2016 | 08:19 EDT
Cabela's announced on December 2, 2015 that it had engaged Guggenheim as a financial advisor and was exploring strategic alternatives. MKM Partners analyst Patrick McKeever believes Cabela's could be worth $65 per shares on a buyout based on a reasonable multiple of 10x his estimated EBITDA of $504M.
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