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Sector Update: Consumer Stocks Gain in Afternoon Trading
Consumer stocks were rising Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) adding 0.9% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 1.6%. In corpora
Vista Outdoor Reaffirms CSG Recommendation After Ammo Business Offer Pulled Amid MNC Capital 'Pressure'
Vista Outdoor Says MNC Capital's Pressure Led to Withdrawal of Higher Bid for The Kinetic Group
Vista Outdoor (VSTO) said Monday that a US investment firm's roughly $2.01 billion alternative acquisition proposal for The Kinetic Group has been withdrawn "due to pressure" from MNC Capital Partners
Vista Outdoor Says Third Party Is No Longer Interested in the $2B Kinetic Deal
Express News | Vista Outdoor Inc: Understands That Alternative Party Disputes Merits of Mnc's Allegations
Express News | Vista Outdoor: Learned Mnc Alleged Alternative Party Violated Some Terms That Purportedly Restricted Alternative Party From Making Offer for Kinetic
Expendabiggles : Buy out or divestiture?
TrytosaveabitOP Expendabiggles: Buyout! But I strongly believe they will turn it down! I don’t think they would even consider it at that price. JMO
Expendabiggles TrytosaveabitOP: Wonder what the actual valuation is?
TrytosaveabitOP Expendabiggles: Can’t remember without looking! But VSTO parent company is trading at 35+ right now and they turned down a offer a while back for 39.50 PS! They turned that down as well.
Expendabiggles TrytosaveabitOP: Ah. Then I get why they’d say no.