Vista Outdoor Completes Czechoslovak Deal, Stockholders To Receive $25.75 In Cash
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 27 2024
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Source: Business Insider
Vista Outdoor Completes Sale: Vista Outdoor Inc. has finalized the sale of The Kinetic Group to Czechoslovak or CSG, providing stockholders with $25.75 in cash and one share of Revelyst common stock for each share owned.
Future Plans for Revelyst: Revelyst will begin trading on the NYSE under the ticker "GEAR" and is set to be sold to Strategic Value Partners in an all-cash deal valued at $1.125 billion, expected to close by January 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
