Vista Outdoor Board Endorses CSG's Amended Offer, Rejects MNC's Bid As Insufficient
Vista Outdoor Board Endorses CSG's Amended Offer, Rejects MNC's Bid As Insufficient
Vista Outdoor and CSG have obtained all necessary regulatory approvals under the merger agreement and are poised to finalize the transaction in July 2024, pending stockholder approval and fulfillment of other standard closing conditions.Vista Outdoor Inc. (NYSE:VSTO) disclosed an amendment to its merger agreement with Czechoslovak Group a.s., which increases the purchase price payable by CSG for the acquisition of The Kinetic Group business by $100 million to $2.1 billion.
Vista Outdoor Inc.（NYSE：VSTO）披露了一项修改后的与Czechoslovak Group a.s.的合并协议，该协议将The Kinetic Group的业务收购价格由1.1亿美元增加了1000万美元，达到21亿美元。
The amendment also raises the cash consideration for Vista Outdoor stockholders to $21.00 per share of Vista Outdoor common stock, an increase of $3.00 per share.
修改还将Vista Outdoor股东的现金考虑因公用股提高到每股Vista Outdoor普通股21.00美元，增加了3.00美元每股。
According to the amended agreement, Vista Outdoor stockholders will receive one share of Revelyst common stock and $21.00 in cash per share of Vista Outdoor shares at the closing of the CSG transaction.
根据修改后的协议，Vista Outdoor股东将在CSG交易完成时收到一个Revelyst普通股和每股Vista Outdoor股票的21.00美元现金。
Vista Outdoor and CSG have obtained all necessary regulatory approvals under the merger agreement and are poised to finalize the transaction in July 2024, pending stockholder approval and fulfillment of other standard closing conditions.
vista outdoor和CSG已获得并通过合并协议下的所有必要监管批准，待股东批准和满足其他标准收盘条件后，将于2024年7月完成交易。
Upon completing the CSG transaction, Revelyst will become an independent, publicly traded entity with approximately $250 million in net cash.
完成CSG交易后，Revelyst将成为一家独立的上市公司，净现金约为2.5亿美元。
Outlook: Vista Outdoor reaffirms its guidance to double standalone Revelyst EBITDA by fiscal year 2025, with plans for over $100 million in ongoing cost savings by fiscal year 2027 and sustained mid-teens EBITDA margins in the long term.
展望未来：Vista Outdoor重申计划在2025年财年将独立Revelyst EBITDA翻倍，并计划在2027年财年持续节约超过1亿美元的费用，并保持中产的EBITDA利润率。
Last month, MNC Capital Partners announced it had increased its all-cash offer to acquire Vista Outdoor to $42.00 per share, or approximately $3.2 billion, representing over 40% premium to the last closing price prior to MNC's initial offer.
上个月，MNC Capital Partners宣布已经将全现金收购Vista Outdoor的报价提高到每股42.00美元，或约32亿美元，为MNC首次报价前的收盘价超过40％。
The Vista Outdoor Board has unanimously dismissed MNC's final offer as inadequate and opportunistic, especially in its undervaluation of Revelyst.
Vista Outdoor董事会一致表示，MNC的最终报价不足以满足需求，机会主义，尤其是对Revelyst的低估价。
Related: Vista Outdoor Surges As MNC Capital Ups The Ante With Sweetened Bid: Details
相关报道：Vista Outdoor大涨，因MNC Capital以加甜报价：详情请看
According to Benzinga Pro, VSTO stock has gained over 33% in the last twelve months. Investors can gain exposure to the stock via Pacer US Small Cap Cash Cows 100 ETF (BATS:CALF) and VictoryShares Small Cap Free Cash Flow ETF (NASDAQ:SFLO).
据Benzinga Pro透露，VSTO股票在过去12个月中上涨了33％。投资者可以通过Pacer US Small Cap Cash Cows 100 ETF（BATS:CALF）和VictoryShares Small Cap Free Cash Flow ETF（NASDAQ:SFLO）来获得该股票的曝光。
Price Action: VSTO shares closed lower by 0.99% at $37.03 on Friday.
价格行情：VSTO股票周五以37.03美元的价格收低了0.99％。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免责声明：本内容部分使用人工智能工具生成，并经Benzinga编辑审核发布。
Photo via Shutterstock
图片来自shutterstock。
