Vista Outdoor Clears Hurdle to Sell Kinetic Group, Revelyst

Vista Outdoor received shareholder approval to sell their shooting brands, known as the Kinetic Group, to GSG. It was a major step in final stretch of selling their business in two separate chunks.

We are thrilled to have received overwhelming support from our stockholders for the compelling transaction with CSG. The CSG transaction maximizes value for our stockholders, while also providing an ideal home for our leading ammunition brands and significant opportunities for our employees.