Vista Outdoor Receives Unsolicited Proposal to Buy Company

November 27, 2023

Vista Outdoor announced it received an offer last Wednesday from Colt CZ Group to buy the company for $30 per share, or $1.74 billion, which, if accepted, would scrap the deal announced earlier this year to sell Vista’s sporting products business to Czechoslovak Group (CSG) and spin off Vista’s outdoor segment into a new company called Revelyst.

In October, Vista announced it was selling its sporting products business, which focuses on making and selling ammunition, to Czechoslovak Group for $1.91 billion. It would spin off Revelyst into its own company when the sale closes. The Daily Outdoor Retailer