After staunchly backing the sale of its Kinetic Group ammunition business to Czechoslovak Group for the past 10 months, VSTO’s board has agreed to engage with MNC Capital, which is trying to buy the whole company. As a result, it called off today’s special stockholders meeting that was to vote on the Kinetic sale to CSG for $2.15 billion, and rescheduled it for Sep. 13. MNC’s most recent offer was $42 per share, or about $3.2 billion, but the investment fund and its PE backers said they could likely increase the ... Log in to view full article.