MNC Capital Partners Has Submitted An Increased All-cash Proposal To Acquire Vista Outdoor For $39.50 Per Share Up From A Prior Offer Of $37.50, Or Over $3B
Portfolio Pulse from Benzinga Newsdesk
MNC Capital Partners has increased its all-cash proposal to acquire Vista Outdoor (VSTO) to $39.50 per share, up from a prior offer of $37.50, valuing the deal at over $3 billion. The latest offer also implies a value for Revelyst of over $1 billion, compared to Vista's valuation of $570 million.
June 06, 2024 | 10:17 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
MNC Capital Partners has increased its acquisition offer for Vista Outdoor to $39.50 per share, valuing the deal at over $3 billion. This higher offer could positively impact VSTO's stock price in the short term.
The increased offer from MNC Capital Partners suggests a higher valuation for Vista Outdoor, which is likely to be viewed positively by investors. The significant premium over the previous offer indicates strong interest and confidence in Vista Outdoor's value.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100