Brief: MNC Capital Raises All-Cash Offer To Buy Vista Outdoor To $42 Per Share

Vista Outdoor

26/06/2024 11:24

June 26 (Reuters) - MNC Capital Partners:
    * MNC CAPITAL INCREASES ALL-CASH OFFER TO ACQUIRE VISTA OUTDOOR TO $42 PER
SHARE
    * MNC HAS SECURED DEBT AND EQUITY COMMITMENTS MORE THAN SUFFICIENT TO CLOSE
TRANSACTION
    * MNC CAPITAL: ALL-CASH OFFER TO ACQUIRE VISTA OUTDOOR FOR ABOUT $3.2
BILLION
    * MNC CAPITAL: IT CANNOT SEE ANY POSSIBLE BASIS OR REASON TO FURTHER RAISE
THE
OFFER FOR VISTA OUTDOOR
    * MNC CAPITAL: REVISED PROPOSAL IS ALL CASH, HAS NO REGULATORY ISSUES AND IS
NOT
SUBJECT TO ANY FINANCING CONDITIONS

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