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Privately held outdoor retailer Bass Pro Shops has partnered with Goldman Sachs Group Inc's private equity arm to make an offer for U.S. hunting and fishing store chain Cabela's Inc, according to people familiar with the matter. The move gives Bass Pro Shops the equity financing necessary to pursue Cabela's, and makes such a deal more likely given the potential cost savings and synergies a combination of the two U.S. hunting and fishing retailers would bring.
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