Vista Outdoor Shareholder Gates Capital Management Reiterates Intention To Vote Against Proposed Sale Of The Kinetic Group To CSG
Portfolio Pulse from Benzinga Newsdesk
Gates Capital Management, a significant shareholder of Vista Outdoor, Inc., has reiterated its intention to vote against the proposed sale of the Kinetic Group to CSG. Gates Capital owns about 9.6% of Vista Outdoor.
September 24, 2024 | 11:41 am
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Gates Capital Management, holding 9.6% of Vista Outdoor, opposes the sale of the Kinetic Group to CSG, potentially impacting the merger's outcome and Vista's stock price.
Gates Capital's opposition to the sale could influence other shareholders and affect the merger's success, potentially leading to stock price volatility for Vista Outdoor.
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