Vista Outdoor Rejects Unsolicited Indication of Interest from MNC Capital

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Vista Outdoor (VSTO) shares rise after rejecting MNC Capital's fresh takeover proposal

June 10, 2024 9:01 AM EDT

Vista Outdoor (NYSE: VSTO) shares are up more than 2% premarket Monday after the company said it has rejected a fresh takeover proposal by investment firm MNC Capital.

MNC expressed interest in acquiring Vista Outdoor in an all-cash transaction for $39.50 per Vista Outdoor share.

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