Vista Outdoor Board Endorses CSG's Amended Offer, Rejects MNC's Bid As Insufficient
Vista Outdoor Board Endorses CSG's Amended Offer, Rejects MNC's Bid As Insufficient
Vista Outdoor Inc. (NYSE:VSTO) disclosed an amendment to its merger agreement with Czechoslovak Group a.s., which increases the purchase price payable by CSG for the acquisition of The Kinetic Group business by $100 million to $2.1 billion.
Vista Outdoor Inc.（NYSE：VSTO）披露了一項修改後的與Czechoslovak Group a.s.的合併協議，該協議將The Kinetic Group的業務收購價格由1.1億美元增加了1000萬美元，達到21億美元。
The amendment also raises the cash consideration for Vista Outdoor stockholders to $21.00 per share of Vista Outdoor common stock, an increase of $3.00 per share.
修改還將Vista Outdoor股東的現金考慮因公用股提高到每股Vista Outdoor普通股21.00美元，增加了3.00美元每股。
According to the amended agreement, Vista Outdoor stockholders will receive one share of Revelyst common stock and $21.00 in cash per share of Vista Outdoor shares at the closing of the CSG transaction.
根據修改後的協議，Vista Outdoor股東將在CSG交易完成時收到一個Revelyst普通股和每股Vista Outdoor股票的21.00美元現金。
Vista Outdoor and CSG have obtained all necessary regulatory approvals under the merger agreement and are poised to finalize the transaction in July 2024, pending stockholder approval and fulfillment of other standard closing conditions.
Vista Outdoor和CSG已經獲得合併協議下的所有必要監管批准，並準備在2024年7月完成交易，待股東批准和完成其他標準關閉條件。
Upon completing the CSG transaction, Revelyst will become an independent, publicly traded entity with approximately $250 million in net cash.
完成CSG交易後，Revelyst將成爲一家獨立的上市公司，淨現金約爲2.5億美元。
Outlook: Vista Outdoor reaffirms its guidance to double standalone Revelyst EBITDA by fiscal year 2025, with plans for over $100 million in ongoing cost savings by fiscal year 2027 and sustained mid-teens EBITDA margins in the long term.
展望未來：Vista Outdoor重申計劃在2025年財年將獨立Revelyst EBITDA翻倍，並計劃在2027年財年持續節約超過1億美元的費用，並保持中產的EBITDA利潤率。
Last month, MNC Capital Partners announced it had 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.
上個月，MNC Capital Partners宣佈已經將全現金收購Vista Outdoor的報價提高到每股42.00美元，或約32億美元，爲MNC首次報價前的收盤價超過40％。
The Vista Outdoor Board has unanimously dismissed MNC's final offer as inadequate and opportunistic, especially in its undervaluation of Revelyst.
Vista Outdoor董事會一致表示，MNC的最終報價不足以滿足需求，機會主義，尤其是對Revelyst的低估價。
Related: Vista Outdoor Surges As MNC Capital Ups The Ante With Sweetened Bid: Details
相關報道：Vista Outdoor大漲，因MNC Capital以加甜報價：詳情請看
According to Benzinga Pro, VSTO stock has gained over 33% in the last twelve months. Investors can gain exposure to the stock via Pacer US Small Cap Cash Cows 100 ETF (BATS:CALF) and VictoryShares Small Cap Free Cash Flow ETF (NASDAQ:SFLO).
據Benzinga Pro透露，VSTO股票在過去12個月中上漲了33％。投資者可以通過Pacer US Small Cap Cash Cows 100 ETF（BATS:CALF）和VictoryShares Small Cap Free Cash Flow ETF（NASDAQ:SFLO）來獲得該股票的曝光。
Price Action: VSTO shares closed lower by 0.99% at $37.03 on Friday.
價格行情：VSTO股票週五以37.03美元的價格收低了0.99％。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：本內容部分使用人工智能工具生成，並經Benzinga編輯審核發佈。
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圖片來自shutterstock。
譯文內容由第三人軟體翻譯。