The reason which stems Sportsman’s Wareh (SPWH) surge in the after-hours on Monday

Sportsman’s Wareh (SPWH) rose 36.92% to $17.32 in the after-hours on Monday following ‎the report that the company, with the aim of better serving its loyal customers, Sportsman’s ‎Warehouse has signed a definitive agreement with Great America Outdoors Group, the ‎parent company of Bass Pro Shops, Cabela’s, NAPA; and White River Marine. With a long-‎term outlook to benefit customers, team members, and conservation initiatives, the Great ‎American Outdoors Group will remain a private company. A share of Sportsman’s ‎Warehouse will be acquired for $18.00 in cash as part of the agreement.

Get the hottest stocks to trade every day before the market ‎opens 100% free. Click here now. 

‎The partnership stems from the companies’ complementary business philosophies and ‎geographic footprints. These companies are passionate about sharing the outdoors with ‎their customers through various outdoor activities, including fishing, hunting, boating, etc. ‎Likewise, both retailers are highly regarded for offering an outstanding line of brand name ‎and proprietary products, superior customer service, well-trained staff, and a life-long ‎commitment to conservation. Unifying represents a unique “win-win” opportunity for ‎outdoor enthusiasts.‎
Read More

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

Sportsman’s Wareh (SPWH) CEO Jon Barker said they are looking forward to a smooth ‎transition and building their partnership. We are extremely excited to be joining the Great ‎American Outdoors Group. This merger combines some of the biggest names in the outdoor ‎industry. With our two companies’ merger, we can now offer greater opportunities for our ‎associates to serve the outdoor enthusiast. I am so proud of how nearly 8,000 Sportsman’s ‎Warehouse associates have built our company over the last 33 years, he added.‎

Most Popular

Related posts