Czechoslovak Group defends efforts to buy Vista Outdoor [Yahoo! Finance]
Vista Outdoor Inc. (VSTO)
Last vista outdoor inc. earnings: 2/6 06:55 am
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Source: Yahoo! Finance
transaction is being reviewed by the Committee on Foreign Investment in the United States. The owner and chief executive officer of the Czechoslovak Group (CSG), Michal Strnad, shared his views in a letter to U.S. Sen. J.D. Vance, R-Ohio, according to a Tuesday news release from the Czechoslovak Group. Strnad's company has offered $1.91 billion to acquire the ammunition brands of Vista Outdoor, including CCI/Speer, which employs 1,400 in Lewiston, as well as Federal, Remington and HEVI-Shot. Together those brands are the largest ammunition manufacturer in the U.S. and are called The Kinetic Group. Vista Outdoor shareholders will meet virtually at 11 a.m. PDT on May 16 to vote on the offer. Shareholders of record as of April 1 are eligible to vote. If the sale closes, The Kinetic Group would become part of a privately held company. Vance requested a security review of the sale in a January letter to U.S. Treasury Secretary Janet Yellen, who also serves as the chairperson of t
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- Vista Outdoor Inc. (NYSE: VSTO) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
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VSTO
Earnings
- 1/31/24 - Miss
VSTO
Sec Filings
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- 4/2/24 - Form DEFM14A
- VSTO's page on the SEC website