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Vista Outdoor has announced a deal to sell its two divisions for $3.4 billion. It is set to sell Revelyst, its sporting goods business, for around $1.13 billion.
Vista Outdoor's board of directors has rejected a $2.6 billion unsolicited offer from the Czech company Colt CZ to buy the Anoka-based company, sticking with its original plan to sell its ...
Vista Outdoor announced on July 9, 2018, that it had reached an agreement with a European private equity fund to sell the Bollé, Cébé and Serengeti eyewear brands. [27] On July 9, 2019, Vista Outdoor completed the sale of Savage Arms [28] and Stevens Arms for $170 million to a group of investors led by Savage's management. Vista received ...
Nov. 28—A second company is seeking a deal with Vista Outdoor, the parent company of ammunition maker CCI/Speer, one of Lewiston's largest employers. Vista Outdoor received an "unsolicited ...
On July 28, 2020, Remington Outdoor Company filed for Chapter 11 bankruptcy protection. [11] Vista Outdoor purchased Remington's ammunition plants and brands at auction in September 2020. [ 12 ] [ 13 ] Chris Metz, Vista Outdoor's chief executive officer, said of Remington's ammunition plant in Arkansas that "during the bankruptcy the plant was ...
The spinoff of the Sporting Group to create Vista Outdoor and the merger leading to the creation of Orbital ATK were completed on February 9, 2015; both companies began operations as separate entities on February 20, 2015. [11] [12] Orbital ATK was bought by Northrop Grumman in June 2018. [13]
Colt CZ Group SE had proposed combining with Vista Outdoor in a stock and cash transaction where each share of Vista Outdoor common stock would be assigned a value of $30. As of Oct. 30, Vista ...
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