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Article Date: March 2024
Word Count: 209

Vista Outdoor’s Ammo Biz Sale Faces CFIUS Delays


VSTO and Czechoslovak Group said they have withdrawn and re-filed their joint voluntary notice to the Committee on Foreign Investment in the United States, to give the agency more time to conduct more diligence on CSG’s acquisition of The Kinetic Group. Passing CFIUS scrutiny remains the final hurdle before the deal can be presented to VSTO shareholders for an approval vote. Earlier this week, the company scheduled a special meeting on May 16, at 9:00 a.m. Central Time for stockholders of record as of Apr. 1 to vote on the proposal, ... Log in to view full article.

 


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