MNC Capital Says Committed To Re-engaging With Vista Outdoor; Says Not Withdrawing, And Does Not Intend To Reduce, Its $43 Per Share All-Cash Offer
Portfolio Pulse from Benzinga Newsdesk
MNC Capital reaffirms its commitment to its $43 per share all-cash offer for Vista Outdoor, indicating it is not withdrawing or reducing the offer.
September 20, 2024 | 11:03 am
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MNC Capital has reiterated its commitment to its $43 per share all-cash offer for Vista Outdoor, indicating stability and potential acquisition.
The reaffirmation of the $43 per share offer by MNC Capital suggests a strong commitment to acquiring Vista Outdoor, which could lead to a positive short-term impact on VSTO's stock price due to the potential acquisition premium.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90