Cabela's Incorporated is a American retailer which specializes in hunting, fishing, boating, camping, shooting and other outdoor recreation merchandise.

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 filed with the SEC on June 5, 2017 (the Proxy is dated June 3, 2017).

On June 22, 2017, the Court issued an order consolidating cases. The consolidated cases shall be referred to as: "In re Cabela's Incorporated Shareholder Litigation." On July 27, Plaintiffs voluntarily dismissed the case as moot.