Vista Outdoor strikes deal to sell itself in parts to two buyers for $3.4 billion

By CNBC | Oct 4, 2024 at 10:16 PM EST

Vista Outdoor is selling its units to two buyers for $3.35 billion to fend off a hostile suitor. The deals value Vista at $45 per share, surpassing a rival offer. Vista's board approved the transaction, expecting to close by January, subject to regulatory approvals.

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