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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Should l Buy ?
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.
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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.
