Warren Kanders, who owns about 15.4% of CLAR stock, has offered $160 million for its Precision Sport ammunition segment, which consists primarily of Sierra Bullets and Barnes Bullets, according to an SEC filing. The proposed deal would consist of $140 million in cash, with the remaining $20 million from a seller note issued by Kanders GMP Holdings, the acquiring entity. At this point, the offer is only a non-binding indication of interest, as the terms of the sales would need to be negotiated between Kanders and the Clarus board of directors. ... Log in to view full article.