Vista Outdoor Board of Directors unanimously recommended a purchase of the company by the Czechoslovak Group, in the wake of MNC Capital’s recent attempt to beat CSG to the charge, according to in a Sept. 18 press release from Vista Outdoor.

The move comes after the Board undertook what Vista described as a “thorough process,” engaging with 26 counterparties for purchase consideration. CSG agreed to acquire the company for $2.15 billion, which, Vista stated, is $250 million higher than the value of the MNC proposal.

  

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