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0.0483546569460512 0.0237205052807514 0.0383762663980816 0.0602039957217651 0.0524083781061639 0.0710367859604046 0.0440296482929158 0.0530320275154121
Stock impact report

Vista Outdoor in Discussions with MNC Capital, Advises MNC to Increase their Offer Price

Vista Outdoor Inc. (VSTO) 
Last vista outdoor inc. earnings: 2/6 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.vistaoutdoor.com
Company Research Source: Business Wire
Will Adjourn Special Meeting of Stockholders to June 14, 2024Company remains confident in receiving CFIUS clearance for Czechoslovak Group Transaction ANOKA, Minn.--(BUSINESS WIRE)--Vista Outdoor Inc. (“Vista Outdoor” or the “Company”) (NYSE: VSTO) today confirmed it is engaging in discussions with MNC Capital (“MNC”) related to its March 25, 2024 unsolicited indication of interest pursuant to which MNC expressed interest in acquiring Vista Outdoor in an all-cash transaction for $37.50 per Vista share. The Company advised MNC it expects MNC to deliver an improved economic proposal following the Company providing MNC with access to certain diligence information as permitted in accordance with the terms of the existing merger agreement with Czechoslovak Group a.s. (“CSG”).Michael Callahan, Chairman of the Vista Outdoor Board of Directors, said, “The Vista Outdoor Board does not consider MNC’s revised proposal to be superior to the transaction with CSG and continues to believe MNC’s p Show less Read more
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