11:13 AM EDT, 07/30/2024 (MT Newswires) -- Vista Outdoor ( VSTO ) said Tuesday its board has started a review of potential alternatives for the company, including the possible sale of its Revelyst unit, before the next stockholder meeting.

The Czechoslovak Group is interested in acquiring Revelyst and is considering partnerships for the acquisition, in addition to its proposed purchase of The Kinetic Group unit, the company said.

The company is also planning to engage with MNC Capital and its private equity partner regarding a better proposal to acquire Vista Outdoor ( VSTO ), it added.

The board is also evaluating the possibility of separating Revelyst and The Kinetic Group through a spin-off, Vista Outdoor ( VSTO ) said.

Amid the review, the special meeting of stockholders initially scheduled for July 30 has been postponed to Sept. 13, it added.

The company's shares were up nearly 5% in recent trading.

Price: 40.69, Change: +1.85, Percent Change: +4.76