Vista Outdoor Board Unanimously Recommends $2.15B CSG Transaction, Rejects MNC's Last Proposal, Urges Stockholders To Vote For CSG Deal Offering $28 Per Share And Upside In Revelyst
Portfolio Pulse from Benzinga Newsdesk
Vista Outdoor's board has unanimously recommended a $2.15 billion transaction with CSG, rejecting MNC's last proposal. The board urges stockholders to vote for the CSG deal, which offers $28 per share and potential upside in Revelyst.
September 18, 2024 | 12:04 pm
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Vista Outdoor's board supports a $2.15 billion transaction with CSG, rejecting MNC's proposal. The deal offers $28 per share and potential upside in Revelyst, urging stockholders to vote in favor.
The board's unanimous recommendation and the rejection of MNC's proposal indicate strong support for the CSG deal. The offer of $28 per share and potential upside in Revelyst could positively impact VSTO's stock price as investors may see value in the transaction.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100