Vista Outdoor Inc. (VSTO) News
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VSTO News Highlights
- For VSTO, its 30 day story count is now at 19.
- Over the past 14 days, the trend for VSTO's stories per day has been choppy and unclear. It has oscillated between 1 and 7.
- The most mentioned tickers in articles about VSTO are AMP, LI and LINK.
Latest VSTO News From Around the Web
Below are the latest news stories about VISTA OUTDOOR INC that investors may wish to consider to help them evaluate VSTO as an investment opportunity.
U.S. sporting and outdoor products group Vista Outdoor's has rejected a cash-and-stock merger offer from Czech gunmaker Colt CZ Group, saying it undervalued the company and was not better for shareholders than a rival bid. Vista's board said in a company filing on Wednesday evening that it maintained its recommendation to sell its sporting products division to the Czechoslovak Group (CSG), in a $1.91 billion deal announced in October. Colt CZ made its offer to Vista last week, proposing to keep the U.S. company whole and valuing its shares at a 16% premium.
Vista's board said in a company filing on Wednesday evening that it maintained its recommendation to sell its sporting products division to the Czechoslovak Group (CSG), in a $1.91 billion deal announced in October. Colt CZ made its offer to Vista last week, proposing to keep the U.S. company whole and valuing its shares at a 16% premium.
ANOKA, Minn., November 30, 2023--Vista Outdoor announced that its Board has rejected the unsolicited proposal received from Colt CZ Group SE to combine Colt CZ and Vista Outdoor.
These Stocks Moved the Most Today: Walmart, Nvidia, iRobot, Coinbase, Novo Nordisk, Vista Outdoor, and More
Walmart is well-positioned for the holiday season, according to an analyst as Black Friday kicked off, a report says Nvidia is delaying the launch of a new artificial-intelligence chip, and Coinbase stock jumps as Bitcoin tops $38,000 intraday.
Shares of Vista Outdoor (VSTO), a sporting goods and ammunition company, climbed after firearm manufacturer Colt CZ submitted a bid for a merger. This follows Vista's October deal to sell its sporting goods business to Czech industrial technology firm Czechoslovak Group. Yahoo Finance's Brad Smith and Seana Smith break down the details of this trending ticker. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
🔎 [**Amazon (AMZN)**](https://www.wsj.com/world/europe/amazon-faces-black-friday-strikes-in-us-europe-aafcce3e): The company [faces strikes in the U.S. and Europe on Friday](https://www.wsj.com/world/europe/amazon-faces-black-friday-strikes-in-us-europe-aafcce3e), hitting the e-commerce giant at the start of a busy holiday shopping weekend as labor unrest picks up on both sides of the Atlantic.
(Updated - November 24, 2023 12:21 PM EST)
Investing.com -- Shares in Vista Outdoor (NYSE:VSTO) jumped in premarket U.S. trading on Friday after the American sporting goods firm announced that it had received an unsolicited cash-and-stock merger offer from Czech gunmaker Colt CZ Group.
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