Previous Close | 37.88 |
Open | 38.49 |
Bid | 38.57 x 800 |
Ask | 40.00 x 2200 |
Day's Range | 38.33 - 38.79 |
52 Week Range | 23.33 - 38.91 |
Volume | |
Avg. Volume | 549,280 |
Market Cap | 2.253B |
Beta (5Y Monthly) | 0.86 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.10 |
Earnings Date | Aug 05, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 41.35 |
Gates Capital Management, Inc. ("Gates Capital Management" or "we"), an event-driven alternative asset manager that beneficially owns 5,589,041 shares of common stock, or approximately 9.6%, of Vista Outdoor, Inc. ("Vista" or the "Company") (NYSE: VSTO), today stated its belief that the $42 all-cash offer for Vista from MNC Capital Partners, L.P. ("MNC") is superior to the proposed sale of The Kinetic Group to Czechoslovak Group a.s. ("CSG") and reiterated its opposition to the CSG proposal.
Czechoslovak Group ("CSG"), a leading global industrial holding company, which recently increased its offer for Vista Outdoor Inc.'s (NYSE: VSTO) ("Vista Outdoor") The Kinetic Group to $2.15 billion, today reaffirmed its strong commitment to successfully completing the acquisition. CSG believes its fully financed bid maximizes the value that will be received by Vista Outdoor shareholders, and that the transaction can be completed in early August.
ANOKA, Minn., July 22, 2024--Vista Outdoor Inc. today issued a statement in response to MNC Capital to set the record straight.