VSTO - GATES CAPITAL MANAGEMENT EXPRESSES CONTINUED OPPOSITION TO VISTA OUTDOOR'S PROPOSED SALE OF THE KINETIC GROUP TO CSG | Benzinga
NEW YORK, July 19, 2024 /PRNewswire/ -- Gates Capital Management, Inc. ("Gates Capital Management" or "we"), an event-driven alternative asset manager that beneficially owns 5,589,041 shares, or approximately 9.6%, of Vista Outdoor, Inc. ("Vista" or the "Company") (NYSE:VSTO), today reiterated its opposition to the pending sale of The Kinetic Group to Czechoslovak Group a.s. ("CSG") in a letter sent to the Vista Board of Directors.
The full text of the letter follows:
July 19, 2024
Vista Outdoor Inc.
Attn: Board of Directors
1 Vista Way
Anoka, Minnesota 55303
Dear Members of the Board,
Gates Capital Management has been a long-term shareholder of Vista Outdoor, and currently beneficially owns ...