Vista Outdoor Inc Stock News

ANOKA, Minn.--(BUSINESS WIRE)---- $VSTO #bettertogether--Vista Outdoor announced that ISS and Glass Lewis have updated their reports to recommend VSTO stockholders vote “FOR” the transaction with CSG.

ANOKA, Minn.--(BUSINESS WIRE)---- $VSTO #bettertogether--Vista Outdoor Inc. (NYSE: VSTO) today reported operating results for the Second Quarter Fiscal Year 2025 (FY2025), which ended on September 30, 2024.

ANOKA, Minn--(BUSINESS WIRE)---- $VSTO #bettertogether--Vista Outdoor will hold the special meeting of stockholders to vote and approve the merger with CSG at 9 a.m. (Central Time) on November 25, 2024.

ANOKA, Minn.--(BUSINESS WIRE)---- $VSTO #bettertogether--Vista Outdoor Inc. (“Vista Outdoor”) (NYSE: VSTO) today announced plans to report its second-quarter Fiscal 2025 financial results on Wednesday, Nov. 6, after the market closes. In light of the company's pending merger agreement with Czechoslovak Group a.s. to acquire The Kinetic Group, as well as its pending merger agreement with Strateg...

Shares of Vista Outdoor (VSTO, Financial) surged by 10.14% today, buoyed by the company's announcements of two significant business deals. Vista Outdoor has entered into an agreement to sell its Revelyst business to Strategic Value Partners for $1.125 billion, and it has amended its agreement with the Czechoslovak Group, raising the acquisition price for The Kinetic Group to $2.225 billion.

Vista Outdoor (VSTO +10%) has concluded a prolonged bidding war by agreeing to sell Revelyst to Strategic Value Partners (SVP, Financial) for $1.125 billion. Additionally, the company announced an amended agreement with Czechoslovak Group (CSG, Financial) to sell The Kinetic Group business for $2.225 billion, up from the previous offers of $2.15 billion and $2.10 billion.

Vista Outdoor has announced a deal to sell its two divisions for $3.4 billion. It is set to sell Revelyst, its sporting goods business, for around $1.13 billion.

ANOKA, Minn. & GREENWICH, Conn.--(BUSINESS WIRE)--Revelyst, a collective of world-class maker brands that design and manufacture performance gear and precision technologies and a segment of Vista Outdoor Inc. (NYSE: VSTO), and Strategic Value Partners, LLC, (together with its affiliates, “SVP” or the “firm”), a global alternative investment firm with approximately $19 billion of assets under ma...