Vista Outdoor Inc. Common Stock (VSTO)

Vista Outdoor Inc. (“Vista Outdoor” or “the Company”) (NYSEVSTO) today announced the completion of the sale of The Kinetic Group to Czechoslovak Group a.s. (“CSG”) (the “CSG Transaction”), following receipt of stockholder approval at the Company’s special meeting of stockholders on November 25, 2024. Under the terms of the merger agreement for the CSG Transaction, Vista Outdoor stockholders will receive $25.75 in cash and one share of Revelyst common stock for each share of Vista Outdoor common stock they hold.

Vista Outdoor Inc. (“Vista Outdoor”, the “Company”) (NYSEVSTO) today announced that its stockholders voted to approve the sale of The Kinetic Group to Czechoslovak Group a.s. (“CSG”) (the “CSG Transaction”) at its special meeting of stockholders held earlier today.

Vista Outdoor Inc. (“Vista Outdoor” or the “Company”) (NYSEVSTO) announced that both leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have updated their reports to recommend Vista Outdoor stockholders vote “FOR” the transaction with Czechoslovak Group a.s. (“CSG”) to acquire The Kinetic Group for $2.225 billion (the “CSG Transaction”).

Foresight Sports, a Revelyst brand and the leader in premium optical launch monitor and golf simulation technology, is proud to announce its partnership with Volition America, a movement dedicated to celebrating American patriotism through innovative apparel and accessories. Together, Foresight Sports and Volition America have created a custom edition of the QuadMAX launch monitor, paying tribute to U.S. military veterans and embodying the spirit of giving back. This collaboration is a testament to both companies’ shared values of excellence, patriotism, and unity.

Vista Outdoor Inc. (NYSEVSTO) today reported operating results for the Second Quarter Fiscal Year 2025 (FY2025), which ended on September 30, 2024.

Vista Outdoor Inc. (“Vista Outdoor,” the “Company”) (NYSEVSTO) today announced that it will hold the special meeting of stockholders to vote and approve the merger with the Czechoslovak Group a.s. (“CSG”) (the “CSG Transaction”) at 9 a.m. (Central Time) on November 25, 2024.

Vista Outdoor Inc. (“Vista Outdoor”) (NYSEVSTO) today announced plans to report its second-quarter Fiscal 2025 financial results on Wednesday, Nov. 6, after the market closes.

Revelyst, a collective of world-class maker brands that design and manufacture performance gear and precision technologies and a segment of Vista Outdoor Inc. (NYSEVSTO), and Strategic Value Partners, LLC, (together with its affiliates, “SVP” or the “firm”), a global alternative investment firm with approximately $19 billion of assets under management, today announced that they have entered into an agreement under which SVP-managed funds will acquire Revelyst in an all-cash transaction based on an enterprise value of $1.125 billion. The transaction is expected to close by January 2025, subject to the completion of the $2.225 billion CSG Transaction (separate press release), as well as the receipt of necessary regulatory approvals and other customary closing conditions.

Vista Outdoor Inc. (“Vista Outdoor” or “the Company”) (NYSEVSTO) today announced it has entered into a definitive agreement with funds managed by Strategic Value Partners, LLC, and its affiliates (“SVP”), a global alternative investment firm with approximately $19 billion of assets under management, to sell Revelyst in an all-cash transaction based on an enterprise value of $1.125 billion (the “SVP Transaction”). In connection with the SVP Transaction, Vista Outdoor also entered into an amendment to the merger agreement with Czechoslovak Group a.s. (“CSG”) to acquire The Kinetic Group, increasing the purchase price for the Kinetic Group to $2.225 billion (the “CSG Transaction”).

Foresight Sports, a Revelyst brand and a designer and manufacturer of game enhancement technologies including launch monitors, simulators, performance/entertainment software and smart mobility solutions, and Uneekor, Inc. (dba Uneekor), a manufacturer of golf simulator technologies, have reached an agreement that grants Uneekor a license to a number of Foresight Sports patents related to portable golf launch monitor technology.

Czechoslovak Group ("CSG" or the “Company”), a leading global industrial holding company, today reaffirmed its commitment to successfully completing the transaction with Vista Outdoor Inc. (NYSEVSTO) ("Vista Outdoor") to acquire The Kinetic Group for $2.15 billion and invest $150 million in Revelyst (the “CSG Transaction”).

Vista Outdoor Inc. (“Vista Outdoor”, the “Company”) (NYSEVSTO) today announced that it will adjourn the special meeting of stockholders to vote and approve the merger with the Czechoslovak Group a.s. (“CSG”) (the “CSG Transaction”) to 9:00 am (Central Time) on October 9, 2024. The Company remains in active discussions with CSG and the private equity firm partnered with MNC Capital (the “Private Equity Firm”), separate and apart from MNC, to potentially reach an agreement with respect to the sale of Revelyst.

Vista Outdoor Inc. (“Vista Outdoor”, the “Company”) (NYSEVSTO) today announced that its Board of Directors sent a letter to stockholders urging them to vote “FOR” the value maximizing transaction with Czechoslovak Group a.s. (“CSG”) to acquire The Kinetic Group and invest in Revelyst at the September 27th special meeting of stockholders.

Revelyst, a collective of world-class maker brands that design and manufacture performance gear and precision technologies and a segment of Vista Outdoor Inc. (NYSEVSTO), and 5 Horizons, a global leader in accessories for the work, outdoor and sporting goods markets, today announced a strategic licensing partnership and the launch of CamelBak Pro, a line of innovative hydration products designed to help workers stay hydrated on the job.

Vista Outdoor Inc. (“Vista Outdoor”, the “Company”) (NYSEVSTO) today issued the following statement from the Company’s Chairman of the Board, Michael Callahan:

Vista Outdoor Inc. (“Vista Outdoor”, the “Company”) (NYSEVSTO) today announced that its Board of Directors unanimously recommends stockholders vote for the transaction with Czechoslovak Group a.s. (“CSG”) to acquire The Kinetic Group and invest in Revelyst (the “CSG Transaction”), and unanimously rejects the last proposal from MNC Capital (“MNC”).

Vista Outdoor Inc.’s (“Vista Outdoor”, the “Company”) (NYSEVSTO) Board of Directors today issued the following statement:

Vista Outdoor Inc. (“Vista Outdoor”, the “Company”) (NYSEVSTO) today announced that, as part of the Board of Directors’ ongoing review of strategic alternatives to maximize stockholder value, the Company and its Board, and their respective financial and legal advisors, are continuing to engage with MNC Capital (“MNC”) and its private equity partner and advisors with respect to MNC’s revised proposal to acquire Vista Outdoor for $43.00 per share in cash, which was submitted on September 6, 2024. The Company has not made any determination with respect to MNC’s revised proposal.

Vista Outdoor Inc.’s (“Vista Outdoor”, the “Company”) (NYSEVSTO) Board of Directors today commented on MNC Capital’s (“MNC”) most recent communication:

Vista Outdoor Inc. (NYSEVSTO) today reported operating results for the First Quarter Fiscal Year 2025 (FY2025), which ended on June 30, 2024.

Vista Outdoor Inc. (“Vista Outdoor” or “the Company”) (NYSEVSTO) today announced that its Board of Directors (the “Board”) has commenced a review of strategic alternatives, which includes:

Vista Outdoor Inc. (NYSEVSTO) (“Vista Outdoor” or “we”) today issued the below statement in response to MNC Capital to set the record straight:

Vista Outdoor Inc. (NYSEVSTO) (“Vista Outdoor”, “we” or the “Company”) today announced that on July 21, 2024, the Company entered into an amendment to the merger agreement with Czechoslovak Group a.s. (“CSG”). In addition, the Company reaffirmed its Fiscal Year 2025 outlook and reported preliminary, unaudited Q1 Fiscal Year 2025 results.

Vista Outdoor Inc. (“Vista Outdoor” or the “Company”) (NYSEVSTO) today announced that leading independent proxy advisory firm Glass Lewis & Co. (“Glass Lewis”) recommends stockholders vote “FOR” the proposed sale of Vista Outdoor’s The Kinetic Group business to Czechoslovak Group a.s. (“CSG”) (the “CSG Transaction”). Vista Outdoor’s special meeting of stockholders is scheduled to be held on July 23, 2024.

Vista Outdoor Inc. (“Vista Outdoor” or “the Company”) (NYSEVSTO) today issued the following statement in response to claims made by MNC Capital (“MNC”) and an updated report issued by Institutional Shareholders Services (“ISS”) relating to the sale of The Kinetic Group business to Czechoslovak Group a.s. (“CSG”):