MNC Capital Increases Proposal to Acquire Vista Outdoor to $37.50 Per Share
All-Cash
Proposal Not Subject to Clearance from
Proposal Not Subject to Financing Condition
A transaction with MNC would not be subject to a financing contingency and would not be subject to CFIUS review. MNC has provided the details of its financing to Vista, as well as all other information that Vista requested in its
MNC expects Vista to promptly engage and agree to MNC’s proposal, which is clearly in the best interest of Vista’s shareholders and employees. MNC is confident that Vista, including its current management and employees, will have a bright future as a private company, and it appreciates the complementary portfolio of brands and assets within The Kinetic Group and Revelyst.
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