A new chapter has been started in the ongoing saga of Vista Outdoor’s sale process. Vista seems to firmly want to sell their Sporting Products division to CSG and take Revelyst (where Camp Chef sits) public, but MNC Capital is determined to not let that happen.
MNC has once again upped their offer, to now over $3 billion, and contends that it’s a much better offer than CSG’s. We may be reading into it a little, but from the press release that MNC put out about the updated offer, things are starting to sound more contentious.