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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.
Publicis Groupe reported 4.5 percent Q1 organic growth in net revenues to $4.1B despite the volatile macro environment.
PondelWilkinson, the Los Angeles-based IR and strategic communications shop, has expanded to the East Coast by adding Anreder & Company veterans following the retirement of principal Steven Anreder.
Teneo represents American Ocean Minerals Corp as its merges with NASDAQ-listed Odyssey Marine Exploration to create a $1B deep-sea critical minerals research and mining platform that is under US-control.
Kekst CNC represents Cleveland-based Everstream as the business-only fiber network receives bankruptcy court approval for the sale of almost all of its operations to Bluebird Fiber for $385M.
FTI Consulting handles media for McCormick as the 137-year-old flavors company combines with Unilever Foods in a deal valued at $45B.
