Vista Outdoor Inc. will hold a special meeting of stockholders on November 25, 2024, at 9 a.m. (CT) to vote and approve the merger with the Czechoslovak Group a.s. (CSG).
The company said Vista Outdoor and CSG have received all regulatory approvals required under the merger agreement for the CSG Transaction and are prepared to close the Transaction, subject to receipt of stockholder approval and satisfaction of other customary closing conditions.
As previously announced on October 4, 2024, Vista Outdoor’s Board of Directors unanimously approved the acquisition of Revelyst by Strategic Value Partners, LLC (SVP). Vista Outdoor stockholders are reportedly not required to approve the SVP transaction separately. The SVP Transaction is subject to the closing of the CSG Transaction, as well as the receipt of necessary regulatory approvals and other customary closing conditions.
The Vista Outdoor Board of Directors is unanimously recommending that Vista Outdoor stockholders vote “FOR” the CSG Transaction at the upcoming special meeting of stockholders.
Morgan Stanley & Co., LLC is acting as the sole financial adviser to Vista Outdoor. Cravath, Swaine & Moore, LLP is acting as the legal adviser to Vista Outdoor. Moelis & Company, LLC is acting as the sole financial adviser to the independent directors of Vista Outdoor. Gibson, Dunn & Crutcher, LLP is acting as legal adviser to the independent directors of Vista Outdoor.
Image courtesy Vista Outdoor
