Vista Outdoor exploring alternative options instead of selling ammunition arm to foreign company

Vista Outdoor is reviewing "strategic alternative" options after multiple shareholders denounced the sale of its ammunition branch to Czech holding company Czechoslovak Group (CSG). Vista's decision comes the same day that the company was supposed to hold its shareholder meeting to vote on the sale of The Kinetic Group to CSG. Two of Vista's largest shareholders, Gates Capital Management and GAMCO Asset Management, both publicly opposed the deal while simultaneously supporting MNC Capital Management's all-c ...