Vista Outdoor stockholders approve CSG transaction to acquire Kinetic

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Nov 25 2024

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Stockholder Approval: Vista Outdoor's stockholders have approved the sale of The Kinetic Group to Czechoslovak Group a.s., with 97.89% of votes in favor, and the transaction is set to close on November 27, 2024.
Transaction Details: Stockholders will receive $25.75 in cash and one share of Revelyst common stock for each share of Vista Outdoor they own, maximizing value for stockholders and providing growth opportunities for employees.

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.