MNC Capital Partners raised its offer to acquire all of VSTO to $39.50 per share, topping a $3 billion valuation for the combined ammunition and outdoor businesses. Last week, Czechoslovak Group raised its bid for The Kinetic Group ammunition business to $1.96 billion from $1.91 billion, and that offer won endorsement from proxy advisory service ISS. Vista’s board rejected MNC’s earlier $37.50 per share bid for the whole company, saying that it substantially undervalued the Revelyst outdoor business, and urged shareholders to vote for CSG’s increased offer. But the proposed acquisition ... Log in to view full article.