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Vista Outdoor, Inc., the parent company of Lonoke-based Remington Ammunition, has rejected a "final offer" for the company from a Texas-based investment group and instead is backing a newly ...
Shares of Vista Outdoor fell $1, or nearly 3%, to close Tuesday at $33.90. Shares have traded as low as $23.33 and as high as $36.37 over the past year.
Vista Outdoor (NYSE: VSTO) fell in early trading on Monday after the sporting goods retailer announced that its board rejected an unsolicited acquisition offer from MNC Capital at $35.00 per share.
(Reuters) -Vista Outdoor on Monday rejected investment firm MNC Capital's final buyout offer of $3.2 billion, citing that it undervalued the company, and said it had agreed to an increased bid for ...
Vista has now turned down two offers since the firm entered into a definitive agreement to sell its Sporting Products division to Czechoslovak Group (CSG) on Oct. 1 for $1.91 billion.
Vista Outdoor Inc. said Monday its board has unanimously voted to reject a $42-a-share offer from MNC Capital for the outdoor-goods and ammunition company, describing it as "inadequate and ...
Vista Outdoor said on Monday it had rejected a $2.9 billion takeover offer from investment firm MNC Capital as the bid "significantly undervalued" the sporting and outdoor products maker. MNC ...
Vista fell 1.2%. Vista (VSTO) said the "purported" $30 a share offer "significantly undervalues" the company, according to a letter Vista sent to Colt CEO Jan Drahota on Wednesday.
On October 15, 2023, Vista Outdoor agreed to sell its Sporting Products business to Czechoslovak Group a.s. (CSG) for an enterprise value of $1.91 billion in an all-cash transaction.
Vista said Colt CZ's offer did not take into account the value created by splitting the outdoor and sporting divisions, and the valuation of $30 a share in the proposal undervalued the company.
Shares of Vista Outdoor fell $1, or nearly 3%, to close Tuesday at $33.90. Shares have traded as low as $23.33 and as high as $36.37 over the past year.
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