Bass Pro Shops Explores Bid for Cabela's

Privately held outdoors retailer Bass Pro Shops is exploring an offer for Cabela's, the U.S. hunting and fishing store chain targeted by activist investor Elliott Management, people familiar with the matter said. Bass Pro Shops is working with an investment bank on the potential offer, the people said this week. Cabela's has recently begun to explore its options and has also reached out to private equity firms to solicit interest, the people added.