Sidney Lost Everything News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> sidney is a great place to be, wherein sidney nebraska. for decades a sporting goods retailers cabela's had its headquarters here, as they company grew more prosperous so to the town. >> our model for every one was a small town values, big-time opportunities. >> but that motto was turned on its head when elliott management corporation managed by billionaire paul singer took an ownership stake in cabela's. >> when we got the news this company is coming in from new york city and buying a huge stake in cabela's, that shakes things up. >> at the time, cabela's was making more than a billion dol...

Here it is. >> sidney is a great place to be, wherein sidney nebraska. for decades a sporting goods retailers cabela's had its headquarters here, as they company grew more prosperous so to the town. >> our model for every one was a small town values, big-time opportunities. >> but that motto was turned on its head when elliott management corporation managed by billionaire paul singer took an ownership stake in cabela's. >> when we got the news this company is coming in from new york city and buying a huge stake in cabela's, that shakes things up. >> at the time, cabela's was making more than a...

Sidney. as the correspondent grew more pros officer russ so did the town. >> big time opportunities. >> tucker: motto was turned on head elliott management hedge fund managed by paul singer took an ownership stake in cabela's. >> when we got the news this company is coming in from new york city and buying a huge stake in cabela's, that shakes things up. >> at the time cabela's was making more than a billion dollars a year. but paul singer's firm sensed it could make a quick buck by driving up the stock price by forging a merger. once thriving town of sidney lost everything. >> i cried the seco...