Ended up being $4.5B when they recalculated based on the true number of outstanding shares.
Not that I would know the difference between $4,500,000,000 and $5,500,000,000 if you dropped off a semi-trailer of cash.
(Note: if he dropped off a semi-trailer of cash, I am in the mood to buy a Skater 318 today. I am cool with a .005% tip.)
I suppose Cabelas shareholders will get paid, and that's cool. But I doubt this ends up being a good thing for consumers.
Although I should add that I read that Cabelas needed the help.
Oh man. Cabelas was killed when these hedge fund people bought $150,000,000 in shares in October of 2015 and started the ball rolling as activist investors. I found the SEC filing SC 13D. Bastards.