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Cabela's (CAB) Stock Advances, Nearing Sale to Bass Pro Shops

NEW YORK (TheStreet) -- Shares of Cabela's (CAB) are climbing 2.68% to $54.06 on heavy trading volume late Thursday afternoon as the retail hunting giant nears a sale to Goldman Sachs and Bass Pro Shops, sources told the New York Post.

"Bass is the only buyer around it," the source said.

Private equity firms such as Apaz Partners and TPG Capital are reportedly no longer interested in making a bid.

The auction is expected to close within days.

About 1.48 million shares of Cabela's have been...