Why Is Vista Outdoor Stock Rising Today?
Why Is Vista Outdoor Stock Rising Today?
Vista Outdoor Inc. (NYSE:VSTO) shares are trading higher during the premarket session on Wednesday.
週三預市時，Vista Outdoor股票（NYSE:VSTO）價格上漲。
MNC Capital Partners, L.P. today announced it has increased its all-cash offer to acquire Vista Outdoor to $42.00 per share, or approximately $3.2 billion, representing over 40% premium to the last closing price prior to MNC's initial offer.
MNC Capital Partners, L.P.今天宣佈將其全現金收購Vista Outdoor的出價提高至每股42.00美元，約合32億美元，較MNC首次提出的報價高出逾40%。
MNC's revised proposal offers nearly a 25% premium over yesterday's closing price, according to a press release.
根據新聞稿，MNC的修訂提議比昨日收盤價高出近25%。
According to Benzinga Pro, VSTO stock has gained over 23% in the past year. Investors can gain exposure to the stock via VictoryShares Small Cap Free Cash Flow ETF (NASDAQ:SFLO).
據Benzinga Pro稱，過去一年裏，VSTO股價已經上漲了超過23%。投資者可以通過VictoryShares Small Cap Free Cash Flow ETF (NASDAQ:SFLO)獲取該股票的股權份額。
With the latest development, MNC raised its June 6, 2024 proposal from $39.50 to $42.00 per share, emphasizing no intention for further increases.
隨着最新的發展，MNC將其2024年6月6日的收購提議從39.50美元提高到每股42.00美元，強調不打算進一步增加。
On June 10, the company released a statement saying MNC's indication of interest would not be more favorable to Vista Outdoor stockholders from a financial point of view.
6月10日，該公司發佈聲明稱，MNC的興趣指示從財務角度來看對Vista Outdoor股東並不更有利。
"The revised proposal represents a premium of 55% to the VWAP from when Vista's transaction with the Czechoslovak Group a.s. ("CSG") was announced on October 16, 2023 to the last closing price before MNC's initial offer on February 19, 2024," MNC Capital said.
“修訂後的提案代表着從2023年10月16日Vista與捷克斯洛伐克集團（"CSG"）的交易宣佈之日至MNC首次提出報價之前的最後收盤價的VWAP的溢價達55%。” MNC Capital說。
MNC expects that the Vista Board will move forward expeditiously to sign a merger agreement on the terms proposed. MNC sees a definitive agreement can be executed in a matter of days.
MNC期望Vista董事會將其提議的合併協議快速推進。MNC認爲，幾天之內可以達成明確的協議。
Price Action: VSTO shares are trading higher by 9.03% to $36.83 premarket at last check Wednesday.
價格走勢：在週三上午最後一次檢查時，VSTO股票上漲9.03%，至36.83美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明本內容部分由人工智能工具生成，並經Benzinga編輯審核和發佈。
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譯文內容由第三人軟體翻譯。