Bass Pro Shops on the hunt for funds

Bass Pro Shops, the Springfield-based retailer of fishing, hunting and other outdoor-recreation gear, is considering various alternatives for raising funds, people familiar with the matter told the Wall Street Journal.

The company hired Moelis & Co., a mergers-and-acquisitions advisory boutique, for help with the process that's still in its early stages.

According to the journal, one possibility is the sale of a minority stake, which could value the company in the billions. It's unclear what the company founded by Johnny Morris would use the money for.

Read more from the Wall Street Journal.