Vista Outdoor Stockholders Approve CSG Transaction to Acquire The Kinetic Group
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 25 2024
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Source: Businesswire
Vista Outdoor Stockholder Approval: Vista Outdoor Inc. announced that its stockholders overwhelmingly approved the sale of The Kinetic Group to Czechoslovak Group a.s., with approximately 97.89% of votes in favor, and the transaction is set to close on November 27, 2024.
Future Transactions: Following the CSG Transaction, Revelyst will trade under the ticker "GEAR" and is expected to be acquired by Strategic Value Partners, LLC in an all-cash deal valued at $1.125 billion, anticipated 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.
