Cabela’s shareholders approve $4 billion sale to Bass Pro Shops

Cabela’s shareholders have given a nod to the sale of the outdoor outfitter to rival Bass Pro Shops for roughly $4 billion. The Nebraska chain said Tuesday that shareholders approved a deal, announced in October, which will pay them $61.50 per share.

Company officials have said they expect the sale to close later this year, but banking regulators must still approve the sale of Cabela’s credit card unit, which is part of the deal.

After the buyout, the company will be based in Bass Pro’s hometown of Springfield, Missouri. It’s not yet clear how many of the roughly 2,000 workers at Cabela’s headquarters in Sidney, Nebraska, will be kept on.

Takata adds 2.7 million vehicles to recall to repair air bag inflator

Takata is adding 2.7 million vehicles from Ford, Nissan and Mazda to the long list of those being recalled to replace potentially dangerous air bag inflators.

The inflators are a new type that previously was thought to be safe. Vehicles are from the 2005 through 2012 model years.

Takata inflators can explode with too much force and spew shrapnel into drivers and passengers. At least 17 people have died and more than 180 injured because of the problem. The inflators have caused the largest automotive recall in U.S. history with 42 million vehicles and up to 69 million inflators being recalled.

Nissan said the new recall affects Versa subcompact hatchback and sedans from the 2007 through 2012 model years. Mazda said its recall covers about 6,000 B-Series trucks from 2007 through 2009. Ford said it is reviewing the information and will file a list of models within the five days required by law.

Posted job openings slip in May, but businesses increase hiring