As we’ve noted before, there seems to be animosity between MNC Capital and Camp Chef parent, Vista Outdoor. There’s been a bunch of back and forth throughout Vista’s sale process. That trend hasn’t changed, and I’ll give you the latest tea.
MNC Capital has been spurned by Vista a bunch of times at this point, as they’ve stuck with their deal with CSG, and ultimately opened their process to other strategic options. MNC sent another updated offer last weekend, that they continue to believe is superior for the shareholders.