Vista Outdoor Committed to Czechoslovak Group Deal
After last week’s news that Vista Outdoor and CSG had withdrawn and re-filed their CFIUS notice to give the agency more time to review the Kinetic Group acquisition, Czechoslovak Group issued a release reiterating their intention to go forward with the deal. It noted that fully committed financing was in place from JP Morgan Chase for the $1.91 billion price tag. The deal already passed Hart-Scott-Rodino scrutiny in Dec., and last month the SEC declared effective its S-4 registration statement for the sale.
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