Vista Outdoor Postpones Vote after Opposition from Investor and ISS
Vista Outdoor has again adjourned its special meeting of shareholders, taking it from Sep. 27 to Oct. 9, as it mulls over a new deal to sell the Revelyst outdoor business to a private equity firm that had backed MNC Capital on its bid to purchase the whole company. VSTO is also continuing talks with the Czechoslovak Group towards its merger agreement to pick up the Kinetic ammunition business. Recent SEC filings showed the unnamed private equity firm had partnered with MNC to purchase Revelyst from MNC immediately after the Vista ... Log in to view full article.