Eventful Year For Vista Outdoor – Merger Arbitrage Mondays

Key Highlights

• Vista Outdoor (VSTO) receives a takeover bid from Czech gunmaker Colt CZ for $30 per share.
• Broadcom (AVGO) completes the acquisition of VMware (VMW) after 545 days.
• JetBlue (JBLU) and Spirit (SAVE) will start the final defense of their deal before a federal judge in Boston on Monday, November 27.

Vista Outdoor Inc. (VSTO) $26.76

Market Cap: $1.55 billion

Enterprise Value: $2.56 billion

At InsideArbitrage we provide information for various event-driven and special situations strategies like merger arbitrage, spinoffs, legal insider transactions, stock buybacks, and c-suite transitions. Every once in a while, we come across companies that weave their way through more than one of these strategies. Vista Outdoor (VSTO) is one of those companies.

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