What's Going On With Vista Outdoor Stock Monday?
What's Going On With Vista Outdoor Stock Monday?
Vista Outdoor Inc. (NYSE:VSTO) shares are trading higher after the company announced an amendment to its merger agreement with Czechoslovak Group a.s. (CSG), increasing the base purchase price for The Kinetic Group business by $40 million to $2 billion.
Vista Outdoor股票（NYSE：VSTO）因公司宣佈與捷克斯洛伐克集團股份有限公司(CSG)修訂合併協議，將The Kinetic Group業務基礎購買價格增加4,000萬美元至20億美元而上漲。
This amendment also raises the cash consideration for Vista Outdoor stockholders by $2.00 per share, from $16.00 to $18.00, reflecting a 12.5% increase.
此項修訂將每股Vista Outdoor股票的現金補償提高2.00美元，從16.00美元增加至18.00美元，漲幅爲12.5%。
According to the amended agreement, Vista Outdoor stockholders will receive one share of Revelyst common stock and $18.00 in cash per Vista Outdoor share at the closing of the CSG transaction.
根據修訂後的協議，Vista Outdoor的股東將在CSG交易結算時獲得一股Revelyst普通股和18.00美元現金。
Additionally, the company will return an extra $77 million of excess cash to its stockholders. This enhanced return is in addition to the increased purchase price from CSG.
此外，公司將向其股東返還額外的7700萬美元過剩現金。這一改進回報是在增加的CSG購買價格之外的。
Vista Outdoor's Board of Directors has reaffirmed its commitment to the CSG transaction, emphasizing the benefits for stockholders.
Vista Outdoor的董事會重申其致力於CSG交易，強調對股東的益處。
Also Read: Vista Outdoor Rejects MNC Capital's Acquisition Proposal
另請閱讀：Vista Outdoor 拒絕 MNC Capital 的收購提案
The revised terms include a $2 billion purchase price, up from $1.91 billion, and $18.00 in cash per share at closing, a $5.10 increase from the original offer.
修訂後的條款包括20億美元的購買價格，高於原始報價的19.1億美元，並在交割時提供每股18.00美元現金，較原始報價提高5.10美元。
The transaction allows stockholders to benefit from the company's excess cash generation before closing.
該交易允許股東在結算前獲得公司過剩現金的收益。
CSG's acquisition of Vista Outdoor's ammunition brands ensures continued support for American manufacturing and the workforce.
CSG對Vista Outdoor的彈藥品牌的收購確保了對美國製造業和勞動力的持續支持。
The transaction is expected to close in 2024, pending approval from Vista Outdoor's stockholders, clearance from the Committee on Foreign Investment in the United States (CFIUS), and other customary conditions.
預計該交易將於2024年完成，取決於Vista Outdoor的股東批准、美國外國投資委員會(CFIUS)的許可和其他慣例條件。
Price Action: VSTO shares traded higher by 2.20% at $34.88 at last check Monday.
價格行動：截至週一的最後交易時段，VSTO股票上漲2.20％，報34.88美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明: 此內容部分使用人工智能工具生成，並由Benzinga編輯審查和發佈。
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圖片來自shutterstock。
譯文內容由第三人軟體翻譯。