Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Palermo SA > News item |
Vista Outdoor to draw on credit facility to acquire Remington Outdoor
By Taylor Fox
New York, Sept. 28 – Vista Outdoor Inc. plans to use cash on hand and available liquidity under its asset-based revolving credit facility to purchase Remington Outdoor Co, Inc., according to a news release.
Vista Outdoor has agreed to pay a purchase price of $81.4 million for the assets to be acquired, subject to certain customary closing adjustments.
Vista Outdoor is an outdoor sports and recreation products company headquartered in Anoka, Minn.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.