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MNC Capital raises bid to acquire Vista Outdoor to $43 per share
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MNC Capital raises bid to acquire Vista Outdoor to $43 per share
Sep 7, 2024 8:57 AM

Sept 7 (Reuters) - Investment firm MNC Capital said on

Saturday that it has increased its buyout offer for Vista

Outdoor ( VSTO ) to $43 per share from $42.

The U.S. firm said it had sent a letter to Vista on Friday

stating, "MNC is now prepared to offer an increased all-cash

purchase price of $43.00 per share for Vista, despite

substantial market headwinds for consumer spending and softness

in Vista's recent quarterly results."

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