Vista Outdoor: Colt CZ Group discloses 2.4% stake in 13D filing; proposes combination that values VSTO at $30/sh
- Colt CZ announces in filing that it sent a letter to the Board of Directors of VSTO proposing a strategic combination between Colt CZ and the Issuer that would value the Issuer at $30.00 per share and include a $900 million share repurchase to be executed following closing of the proposed transaction.