Vista Outdoor Sees CSG Raise Bid, MNC Tease Tender Offer
Vista Outdoor released its preliminary fiscal Q1 results and reaffirmed its full year guidance, while Czechoslovak Group upped its offer to buy the Kinetic Group to $2.15 billion and MNC Capital said it would consider making a tender offer to VSTO shareholders. Vista has again pushed back its special meeting from July 23 to July 30 to engage with stockholders after it approved an amended merger agreement with the suitor for is ammo business. CSG boosted its base purchase price by another $50 million to $2.15 billion, with $125 million in cash ... Log in to view full article.