Well, a corporation is in the business of making a profit.
That being said, it would be nice if a company that knows they have a huge chunk of the ammo and primer markets didn't f*ck around with it.
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Vista outdoors selling firearms/ammo division
- Thread starter Pyromancer
- Start date
That being said, it would be nice if a company that knows they have a huge chunk of the ammo and primer markets didn't f*ck around with it.
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Ukrainian MP reveals global ammunition crisis, impossibility of quick fixes
Roman Kostenko, Secretary of the Verkhovna Rada Committee on National Security, Defense and Intelligence, explained during an interview with Radio NV on Oct. 27 why it is impossible to quickly increase the global production of ammunition.
Thanks for making my life easier by providing the other thread. Merged.Can the two threads be merged? This one and:
This can't be good
https://www.ammoland.com/2023/10/vista-outdoor-enters-into-definitive-agreement-to-sell-sporting-products-business-to-czechoslovak-group-for-1-91-billion/ Russia imports are banned by our buddy Biden. Now he just needs to say Czech ammo is banned as well. And let's ignore the civilian...www.northeastshooters.com
That’s a pretty picture but provides no backup to its assertions. Just because someone posted it to the internet doesn’t mean any of it is true (or untrue).
EJFudd
NES Member
And yet everywhere we look, foreign-made ammo is taking over and becoming the bulk of the affordable US commercial supply... kinda like so many other everyday products in America. Products tend to be made by and where they can be made cheapest at a given quality level with the least taxes and government interference. There should be a national security concern (same as there should be for foreign made/owned drugs & medical products, etc.) and yet, so far, economics govern.
Not sure what we can do to change that. The Biden Administration sure isn't going to help any American ammo or firearms-related business.
safetyfirst2125
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ok bro. you get vaxxed again?
You just blindly believe a picture you found on the internet which confirms your biases?
Maybe it’s true. But maybe it isn’t. Show me some proof.
safetyfirst2125
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Do your own research. I’m busy.
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Now CZ/Colt wants to buy out the whole Vista Outdoors company...
finance.yahoo.com
Vista Outdoor Announces Receipt of Unsolicited Proposal from Colt CZ
ANOKA, Minn., November 23, 2023--Vista Outdoor Inc. (NYSE: VSTO) today announced that it has received an unsolicited proposal from Colt CZ Group SE ("Colt CZ") pursuant to which Colt CZ and Vista Outdoor would be combined in a cash and stock transaction that Colt CZ states would attribute a...
Great. So they can f*ck it up like their rifle division.Now CZ/Colt wants to buy out the whole Vista Outdoors company...
Vista Outdoor Announces Receipt of Unsolicited Proposal from Colt CZ
ANOKA, Minn., November 23, 2023--Vista Outdoor Inc. (NYSE: VSTO) today announced that it has received an unsolicited proposal from Colt CZ Group SE ("Colt CZ") pursuant to which Colt CZ and Vista Outdoor would be combined in a cash and stock transaction that Colt CZ states would attribute a...
Soon we will all be talking about the good ole days of pre-Covid quality of ammo, components, parts, and firearms that have absolutely hit the bottom of the barrel during these post covid times of the great inflation.
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Hows the Scorpio 9 milly treating you?
Very good in 2 bricks of testing.
I just posted some data on the Geco in the TS megathread from buffman. I like his videos because he does some extensive testing with ammo in different platforms. Turns out all that ammo we bought up in 2018-2021 may have the peak of quality
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Only the beginning as this foreign company, which now owns 70% of ammo production in the U.S., will incrementally choke off the supply of ammo, etc. with the behind the scenes assistance of Biden and company. At some point they will announce all ammo/component production will need to be "temporarily" reallocated to meet the needs of the world's military.
Vista Outdoor board rejects buyout offer from Colt CZ
Published December 1, 2023ANOKA, Minn. (BRAIN) — Vista Outdoor, which has agreed to sell its Sporting Products business to Czechoslovak Group a.s. for $1.91 billion, has rejected an unsolicited offer from Czech Republic-based firearms company Colt CZ to buy the entire company.
Vista Outdoor's plan is to sell its Sporting Products business, which includes its ammunition brands, to Czechoslovak Group, and to spin off its Outdoor Products business, which includes several bicycle accessory brands, into a new company to be called Revelyst.
The Colt CV bid would have acquired the entire company for a combined stock and cash transaction that valued each share of Vista Outdoor common stock at $30.
After considering the Colt CV bid, the board decided to reject for a number of reasons, including that it believes the $30 per share offer significantly undervalues the company. The board also said the bid does not provide adequate details and does not take into account "the significant stockholder value that is expected to be created by the separation of the Outdoor Products and Sporting Products segments of Vista into two independent companies, each with its own dedicated strategic focus, enhanced ability to attract and retain top talent, tailored capital allocation philosophy, and set of competitive advantages."
The board continues to recommend going forward with the sale of the Sporting Products business to Czechoslovak Group.
Palladin
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EJFudd
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Scary. A Canadian investor with zero experience or track record in arms or ammo. I smell Soros.
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Yellen Asked to Probe Issues in an Ammunition Maker’s Sale
(Bloomberg) -- Representative Clay Higgins, a member of the House Homeland Security Committee, has asked Treasury Secretary Janet Yellen to “thoroughly review national security concerns” in the proposed sale of a US ammunition manufacturer to a firm based in the Czech Republic.Most Read from...
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Yellen Asked to Probe Issues in an Ammunition Maker’s Sale
(Bloomberg) -- Representative Clay Higgins, a member of the House Homeland Security Committee, has asked Treasury Secretary Janet Yellen to “thoroughly review national security concerns” in the proposed sale of a US ammunition manufacturer to a firm based in the Czech Republic.Most Read from...
About frucking time, I've been saying it from the minute I heard about the sale that the government needs to intervene, but I don't have much hope with this administration.
EJFudd
NES Member
Well, the Dementia Joe Biden Administration hates us for sure, but loves their nasty shooting war in Ukraine. If it is true that this sale could affect Lake City ammo production for the Ukraine war, they might not want that.
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How this isn't a national security threat blows my mind. We don't want the Chinese to get NVDA AI chips, but a foreign company can buy the largest ammo/powder/primer makers in this country???
headednorth
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America is under attack for all angles BECAUSE of our elected officials. STILL people look to THEM to fix things. Unreal...
Some people are so clueless theyll catch an arsonist in the act and then beg him to put the fire out for them
Sheriffs demand Biden BLOCK sale of ammo manufacturer to foreign buyer
Over 3,000 sheriffs nationwide are demanding President Biden stop the sale of a big gun ammunition and primer manufacturer to a foreign buyer with ties to Russia and China.
DarkJoker33
NES Member
There's another company that's us based that trying to get it as well.
Someone on YouTube did an episode about it.
They offered more that the Czech group and more than cz colt.
But Vista turned it down based on market potential iirc.
Now that same company is recalculate or recalculated already and upped the offer.
The owners of Vista at that point are just being douchbags.
Someone on YouTube did an episode about it.
They offered more that the Czech group and more than cz colt.
But Vista turned it down based on market potential iirc.
Now that same company is recalculate or recalculated already and upped the offer.
The owners of Vista at that point are just being douchbags.
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