MNC Capital raises its all-cash buyout offer for Vista Outdoor to $43 per share, valuing the company at $2.51bn.
MNC Capital has raised its all-cash buyout offer for Vista Outdoor to $43 per share, valuing the company at $2.51 billion, a 12.30% premium over its last closing price. Despite Vista's recent financial struggles, MNC aims to finalize the acquisition, which includes Revelyst, by securing board notice by September 9 and signing a merger agreement by September 13. If these conditions are unmet, the offer will be withdrawn.
September 07, 2024
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