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Gladstone Place Partners represents MNC Capital, the Dallas-based firm that has offered more than $3B cash to aquire Vista Outdoor.
The maker of Remington, Federal and Speer ammo rejected MNC offer on June 10, saying the unsolicited bid is not superior to an agreed merger deal with the Czechoslovak Group.
Mark Gottfredson, MNC managing partner, said his firm is “proud to represent an American alternative” to the proposed CG transaction.
He claims MNC’s offer “provides compelling value and certainty for Vista shareholders and is in the best interest of Vista’s employees and the broader safety and security of the US.
Vista also disclosed that it received a $2B-plus bid from an unnamed US-based private investment firm to its Kinetic Group.
The Anoka, MN-headquartered company remains committed to its deal with CG, which would receive a $48M break-up fee if its deal fell apart.
Gladstone’s Lauren Odell and Michael Landau represent MNC Capital.
ICR Inc. handles communications for Enhanced Ltd, which plans to run Olympic-type competitions with athletes using performance-enhancing drugs, as it goes public in a SPAC deal valued at $1.2B via a merger with A Paradise Acquisition Corp. of Hong Kong.
C Street Advisory Group handles strategic communications duties for American Signature Inc. as the Columbus-based home furnishings retailer declares Chapter 11.
Collected Strategies handles Exact Sciences as the cancer screening leader is acquired by Abbott in a deal with an enterprise value of $23B.
Joele Frank represents Philadelphia-based Axalta Coating Systems as it agrees to merge with Amsterdam’s AkzoNobel in a deal valued in the $25B range.
Interpublic posted a 5.1 percent drop in Q3 net revenues to $2.5B as CEO Philippe Krakowsky reports the final financial results of the publicly traded company.
