The Tactical Wire

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Tuesday, July 9, 2019

Vista Outdoor Inc. (VSTO) ("Vista Outdoor") (NYSE: VSTO) announced yesterday that it has completed the sale of the legal entity operating its Savage Arms and Stevens firearms brands to a financial buyer for a total purchase price of $170 million, comprised of $158 million paid at closing and $12 million to be paid upon maturity of a five-year seller note issued by the buyer to Vista Outdoor in connection with the transaction.

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