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Article Date: July 2024
Word Count: 427

Vista Outdoor Suitor MNC Capital Vows Offer Still Stands


As VSTO awaits its July 23 special meeting where shareholders will vote whether to approve the board-endorsed sale of The Kinetic Group to Czechoslovak Group, rival bidder for the full company, MNC Capital, said its offer remains on the table. MNC revealed that Vista has been mum since the firm delivered its financing commitments and merger agreement on July 1 and that it only learned of Vista’s rejection of its last offer from the July 8 public announcement. MNC further committed to its $42 per share price, reiterating that it will ... Log in to view full article.

 


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