Report: Vista Receives $2.9 Billion Takeover Bid
Vista Outdoor has received a $35 per share offer in cash from investment firm MNC Capital, for a valuation of $2.9 billion including debt, according to a letter to the company’s board that was seen by the Wall Street Journal. VSTO’s board has been reviewing the unsolicited bid, but hasn’t agreed to anything. Vista shares were trading up about 5% from their $31.20 previous close ... Log in to view full article.
