- Vista Outdoor has pushed the special meeting of its stockholders to July 23 from July 2, the sports and outdoor goods company said on Thursday, a day after one of the bidders raised its offer.
Investment firm MNC Capital had raised its bid for the parent of Federal Ammunition to $3.2 billion on Wednesday, just days after the U.S. company agreed to sell its sporting goods and ammunition business to Prague-based CSG.The company said it had issued a letter to the investment firm requesting certain information, including evidence of committed financing, by July 1 for the board to assess the revised proposal.
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