By the end of business today, Vista Outdoor’s Kinetic Group is set to become the property of Czechoslovak Group (GSG). Yesterday, Vista stockholders overwhelmingly approved the deal which has already received all governmental approvals. Under the terms of the deal, Vista stockholders will received $25.75 in cash and one share of Revelyst common stock for each share of Vista. Next week, Revelyst will begin trading on the NYSE under the ticker GEAR. If a second phase of Vista’s strategic plan is approved, Revelyst is set to be acquired by Strategic Value Partners by the end of 2024, bringing stockholders an additional estimated $19.25 per share in cash.
