Vista Board Sticks with CSG after Price Bump
The Vista Outdoor board urged shareholders to back the Kinetic Group sale to Czechoslovak Group after CSG’s upped its offer by $100 million to $2.1 billion, increasing cash consideration to shareholders by $3.00 per share to $21.00. The special meeting was pushed back to July 23 from the original July 2 date to give the board time to review a $42.00 per share offer from MNC Capital. VSTO directors ultimately gave MNC’s offer its final thumbs down last week, capping off talks which started back in Sep. 2022 with an initial ... Log in to view full article.