Case Page

 

Case Status:    DISMISSED    
On or around 07/27/2017 (Stipulation and order of dismissal (voluntary dismissal))

Filing Date: June 07, 2017

According to the Complaint, on October 3, 2016, Cabela’s and Bass Pro jointly announced that it had reached a definitive Agreement and Plan of Merger (the “Original Merger Agreement”) where Bass Pro would acquire Cabela’s for $65.50 per share (the “Original Merger Consideration”), representing a transaction value of approximately $5.5 billion (the “Original Proposed Merger”).

On April 17, 2017, Cabela’s and Bass Pro amended the Original Merger Agreement (the “Merger Agreement”) in which the Original Merger Consideration was lowered to $61.50 per share of Cabela’s (the “Merger Consideration”), representing a transaction value of $5 billion.

The Complaint alleged Defendants have violated Sections of the Exchange Act by filing a materially incomplete and misleading Schedule 14A Definitive Proxy Statement (the “Proxy”) filed with the SEC on June 5, 2017 (the Proxy is dated June 3, 2017).

COMPANY INFORMATION:

Sector: Services
Industry: Retail (Specialty)
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: CAB
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: D. Delaware
DOCKET #: 17-CV-00698
JUDGE: Hon. Richard G. Andrews
DATE FILED: 06/07/2017
CLASS PERIOD START: 10/03/2016
CLASS PERIOD END: 06/07/2017
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Faruqi & Faruqi LLP (Wilmington)
    20 Montchanin Road, Suite 145, Faruqi & Faruqi LLP (Wilmington), DE 19807
    (302) 482-3182 (302) 482-3612 ·
No Document Title Filing Date