M&A
confidence high
sentiment negative
materiality 0.85
Sportsman's Warehouse terminates merger with Great Outdoors Group; receives $55M fee
SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
- Merger terminated after FTC feedback indicated clearance would not be obtained.
- Great Outdoors Group pays $55.0 million termination fee to Sportsman's Warehouse.
- Termination effective December 2, 2021; Merger Agreement ended immediately.
- Confidentiality agreements and certain sections of Merger Agreement survive termination.