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As part of the merger with Bass Pro Shops, Cabela's sold the World's Foremost Bank aspect of their business, including over $1 billion in assets, to Synovus Financial Corp. and Capital One Financial Corp. [73] After the deal was completed, Synovus planned to sell the credit card assets and related liabilities to Capital One Bank (USA) NA.
As part of Cabela's acquisition, the company agreed to sell the assets and liabilities of the World Foremost Bank to Synovus and Capital One, a transfer of over $1 billion in assets. [ 29 ] [ 30 ] In 2020, Great Outdoors Group, the parent company of Bass Pro Shops and Cabela's, attempted to acquire Sportsman's Warehouse . [ 31 ]
Richard N. Cabela. Richard Neil "Dick" Cabela (October 8, 1936 – February 17, 2014) was an American entrepreneur, best known as a co-founder of Cabela's, a leading outfitter of outdoor sporting and recreational goods. [1] [2] He stated that his business was inspired by his bout with polio and a deep love of hunting and fishing. [3]
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