VSTO Aug 2024 37.500 put
| Previous Close | 2.6000 |
| Open | 2.6000 |
| Bid | 2.3000 |
| Ask | 4.2000 |
| Strike | 37.50 |
| Expire Date | 2024-08-16 |
| Day's Range | 2.6000 - 2.6000 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 2 |
Business WireLeading Independent Proxy Advisory Firm ISS Recommends Vista Outdoor Stockholders Vote "FOR" the Sale of The Kinetic Group to CSG
ANOKA, Minn., June 03, 2024--Vista Outdoor Inc. ("Vista Outdoor" or the "Company") (NYSE: VSTO) announced today that leading independent proxy advisory firm Institutional Shareholder Services ("ISS") recommends stockholders vote "FOR" the proposed sale of Vista Outdoor’s The Kinetic Group business to Czechoslovak Group a.s. ("CSG"). Vista Outdoor’s special meeting of stockholders is scheduled to be held on June 14, 2024.
- Reuters
Vista Outdoor to sell sporting unit for $1.96 billion after Czechoslovak Group raises offer
The sporting and outdoor company, separately, rejected an unsolicited proposal to be acquired from MNC Capital, after it pushed in recent months for the investment firm to raise its offer, citing an undervaluation of its performance gear business. Vista was already in talks to sell its sporting goods unit, which includes its ammunition business, to privately held CSG which had offered to buy the business for $1.91 billion. The company said that CSG was increasing its cash consideration payable to Vista shareholders by $3.10 per share of Vista's common stock to $16.00, a 24% increase.
Business WireVista Outdoor Rejects Unsolicited Indication of Interest from MNC Capital
ANOKA, Minn., May 28, 2024--Vista Outdoor Inc. ("Vista Outdoor" or the "Company") (NYSE: VSTO) today announced that its Board of Directors (the "Board"), following consultation with its financial and legal advisors, has rejected the unsolicited indication of interest received from MNC Capital ("MNC") on March 25, 2024 pursuant to which MNC expressed interest in acquiring Vista Outdoor in an all-cash transaction for $37.50 per Vista Outdoor share. The Board issued a letter to MNC which is reprodu
