Sportsman’s Warehouse Acquisition Clears Hurdles
Great Outdoors Group’s planned acquisition of Sportsman’s Warehouse is set to pass a key deadline on Feb. 5, with the expiration of the Hart-Scott-Rodino waiting period, according a SPWH proxy filing. If the DoJ’s Antitrust Division or the FTC have any anti-trust concerns about the deal, they either have to raise them during the one-month waiting period, or extend that period. The 2017 acquisition of Cabela’s by Bass Pro Shops parent transpired without any HSR interference, though the deal was held up by the need to divest Cabela’s owned World’s Foremost Bank. If a $5.5 billion merger didn’t raise regulators’ ... Log in to view full article.