The Revised Offer Is An Over 40% Premium To The Last Closing Price Prior To MNC Initial Offer And Represents A Premium Of 55% To The VWAP From When Vista's Transaction With The Czechoslovak Announced On October 16, 2023
Portfolio Pulse from Benzinga Newsdesk
The revised offer for Vista Outdoor Inc. (VSTO) represents over a 40% premium to the last closing price prior to MNC's initial offer and a 55% premium to the VWAP since Vista's transaction with the Czechoslovak was announced on October 16, 2023.
June 26, 2024 | 10:30 am
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Vista Outdoor Inc. (VSTO) has received a revised offer that is over a 40% premium to the last closing price prior to MNC's initial offer and a 55% premium to the VWAP since the transaction with the Czechoslovak was announced on October 16, 2023.
The significant premium offered indicates strong interest and potential value in Vista Outdoor Inc., likely leading to a positive short-term impact on the stock price.
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