Vista Outdoors

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Vista Outdoor Announces Sale of Savage Brand

MNC Capital Sweetens Offer for Vista Outdoor Amidst Merger Talks with CSG

In a daring financial play, MNC Capital Partners, L.P. (“MNC”) has amped up its bid to acquire Vista Outdoor Inc. (“Vista”) to $37.50 per share, an all-cash proposal that rounds out to a hefty $3 billion.

Vista Outdoors Putting Savage Arms Up for Sale

Vista Outdoor Sells Federal, CCI, Hevi-Shot, Remington Ammo & Speer for $1.91 Billion

“This is an important strategic step for our company in creating value through separating our Outdoor Products and Sporting Products segments,” said McArthur in a press release.

Vista Outdoor Announces Sale of Savage Brand

Vista Outdoor Announces Sale of Savage Brand

“Divesting our Savage brand was a key aspect of our transformation plan,” said Chris Metz, Chief Executive Officer of Vista Outdoor.