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Stock impact report

Vista Outdoor Stockholders Approve CSG Transaction to Acquire The Kinetic Group [Yahoo! Finance]

Vista Outdoor Inc. (VSTO) 
Last vista outdoor inc. earnings: 2/6 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.vistaoutdoor.com
Company Research Source: Yahoo! Finance
ANOKA, Minn., November 25, 2024 BUSINESS WIRE )--Vista Outdoor Inc. ("Vista Outdoor", the "Company") (NYSE: VSTO) today announced that its stockholders voted to approve the sale of The Kinetic Group to Czechoslovak Group a.s. ("CSG") (the "CSG Transaction") at its special meeting of stockholders held earlier today. Vista Outdoor and CSG have received all regulatory approvals required under the merger agreement for the CSG Transaction and intend to close the CSG Transaction on November 27, 2024. Under the terms of the CSG Transaction, Vista Outdoor stockholders will receive $25.75 in cash and one share of Revelyst common stock for each share of Vista Outdoor common stock they hold. "We are thrilled to have received overwhelming support from our stockholders for the compelling transaction with CSG," said Michael Callahan, Chairman of the Vista Outdoor Board of Directors. "The CSG transaction maximizes value for our stockholders, while also providing an ideal home for our leading am Show less Read more
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