Vista Outdoor considering sale of Revelyst, urges transaction with CSG
Vista Outdoor (NYSE:VSTO) urges all shareholders to vote in favor of the offer made by Czechoslovak Group (“CSG”) for The Kinetic Group and investment in standalone Revelyst as it represents a superior offer to MNC Capital’s $43 per share off for the entire company.
CSG Urges Vista Outdoor Stockholders to Vote for its $2.15 Billion Acquisition of The Kinetic Group and $150 Million Investment in Revelyst
Czechoslovak Group ("CSG" or the "Company"), a leading global industrial holding company, today reaffirmed its commitment to successfully completing the transaction with Vista Outdoor Inc. (NYSE: VSTO) ("Vista Outdoor") to acquire The Kinetic Group for $2.
Vista Outdoor postpones shareholder vote on sale offer
A shareholder meeting to vote on the acquisition of the ammunition brands of Vista Outdoor, including Arkansas-based Remington Ammunition, has been postponed once again.
EXEC: Vista Outdoor Inks New CSG Proposal to Invest in Revelyst; Calls Out Large Shareholder
After extensive diligence, Czechoslovak Group a.s. (CSG) has agreed to make a significant investment in the Vista’s Revelyst outdoor products segment, which the Board said delivers increased cash consideration to stockholders. CSG had previously only considered the acquisition of Vista’s The Kinetic Group, the company’s ammunition-related segment.
CSG offers Vista Outdoor $150M for 7.5% of standalone Revelyst
The bidding war for Vista Outdoor (NYSE:VSTO) and/or its subsidiaries continues as Czechoslovak Group a.s. (“CSG”) has offered $150M for 7.5% of standalone Revelyst. CSG is currently engaged with Vista Outdoor (VSTO) for its ammunition unit,
MNC Capital Partners mantaining its $43 a share offer for Vista Outdoor
In the release, Texas-based MNC said it does not intend to reduce its $43 a share offer for Vista Outdoor's operation. Vista's board of directors said earlier this week it rejected MNC's offer but added it is still willing to talk to any potential buyer.
Vista Outdoor Board of Directors Sends Letter to Stockholders Highlighting Reasons to Vote FOR Value Maximizing CSG Transaction
Vista Outdoor Inc. (“Vista Outdoor”, the “Company”) (NYSE: VSTO) today announced that its Board of Directors sent a letter to stockholders urging them
CSG Urges Vista Outdoor Stockholders To Vote In Favor Of CSG Transaction - Quick Facts
Czechoslovak Group reaffirmed its commitment to successfully completing the transaction with Vista Outdoor Inc. (VSTO) to acquire The
Vista Outdoor delays shareholder meet to vote on CSG deal again
Vista Outdoor has again delayed a special shareholder meeting to vote on Czechoslovak Group's (CSG) $2.15 billion offer for the firm's ammunition unit and a stake in its outdoor division.
Vista Outdoor shareholder Gates Capital Management intends to vote against CSG proposal
Gates Capital Management, which owns about 9.6% of Vista Outdoor (NYSE:VSTO) on Tuesday reiterated its intention to vote against the proposed sale of The Kinetic Group to the Czechoslovak. On Friday,
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EXEC: Vista Delays CSG Merger Vote Again as Large Investor Opposes Deal
The delay follows a media release from one of Vista’s largest stockholders, Gates Capital Management, Inc., announcing it would vote against the CSG deal. Gates is an event-driven alternative asset ...
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Revelyst, 5 Horizons Group Announce Licensing Agreement and Launch of CamelBak Pro
Revelyst & 5 Horizons announced the launch of CamelBak Pro, a line of innovative hydration products designed to help workers ...
As time starts to run out, Vista Outdoor continues to back ammunition group deal with Czech company
The board on Wednesday officially rejected the latest offer from MNC Capital and recommends shareholders approve the CSG deal ...
Ammo maker’s deal tactics carry trigger warning
Go in guns blazing and it’s easier to miss the target. A $3 billion hostile takeover bid for Vista Outdoor has encountered ...