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CSG Increases Purchase Price for Vista Outdoor's Kinetic Group Business
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CSG Increases Purchase Price for Vista Outdoor's Kinetic Group Business
Jun 24, 2024 5:21 AM

07:59 AM EDT, 06/24/2024 (MT Newswires) -- Vista Outdoor ( VSTO ) said Monday it entered into an amendment to its merger agreement with Czechoslovak Group (CSG) under which CSG increased the base purchase price for the acquisition of VSTO's Kinetic Group business by $40 million to $2 billion and increased the cash consideration payable to Vista stockholders by $2 per share of VSTO common stock to $18 in cash.

The deal is expected to close in calendar-year 2024, Vista said.

Price: 34.99, Change: +0.86, Percent Change: +2.52

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