(Information from: Omaha World-Herald, http://www.omaha.com)
OMAHA, Neb. (AP) – All the questions about Cabela's future in its Western
Nebraska hometown after its planned merger with rival Bass Pro Shops next year
are taking a toll on the local economy.
Business owners in Sidney are having a difficult time since the sale was
announced this fall, and property values have plummeted because so many homes
are on the market in the town of roughly 7,000.
Wendy Pemberton, who owns Della's Cafe in Sidney tells the Omaha
World-Heraldsays the town is on edge.
Bass Pro's $4.5 billion deal to buy Cabela's is expected to close sometime
next year. The companies have said they plan to keep significant operations in
Sidney, but it's not clear how many of the roughly 2,000 jobs there will be
lost.
OMAHA, Neb. (AP) – All the questions about Cabela's future in its Western
Nebraska hometown after its planned merger with rival Bass Pro Shops next year
are taking a toll on the local economy.
Business owners in Sidney are having a difficult time since the sale was
announced this fall, and property values have plummeted because so many homes
are on the market in the town of roughly 7,000.
Wendy Pemberton, who owns Della's Cafe in Sidney tells the Omaha
World-Heraldsays the town is on edge.
Bass Pro's $4.5 billion deal to buy Cabela's is expected to close sometime
next year. The companies have said they plan to keep significant operations in
Sidney, but it's not clear how many of the roughly 2,000 jobs there will be
lost.
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