Czech Group offers 1.91 billion for Vista Outdoors Segment

[areaone]

Allianz, Remington, CCI, Federal,Speer going to a Czech owned company, if the deal goes through. Selling off America a little bit at a time?

Forum Boss: The acquiring party is the Czechoslovak Group A.S. (“CSG”)
Here is the story:

Czech Group Plans to Acquire Federal, CCI, Remington Ammo, Speer, HEVI-Shot from Vista Outdoor « Daily Bulletin

Big news for the shooting world -- Vista Outdoor (NYSE:VSTO) is planning on selling its outdoor sporting products business to Czechoslovak Group A.S. (“CSG”) for $1.

bulletin.accurateshooter.com

 

[ebb]

With the recent and not so recent firearms disasters under American leadership, like Cerberus that lead to the destruction of Remington, DPMS, Marlin, Dakota Arms, and several others I can't remember, and the current ammo scam lead by our loyal American CEOs. Maybe its time for someone to run a company that wants to make a good product and make money through a deserved profit rather than market manipulation and trickery. Look at Colt what have they made in the last 40 years that has been innovative? Look at CZ new and better products every year. I may be disappointed later but this could be a good thing. What is going on here now sure isn't working.

 

[bluealtered]

I would have to agree with you ebb. American CEO greed with the I get mine and to hell with everybody else has gone way to far.

And the justice system now in place here in our country that fines them a few million dollars and and still lets them keep the rest of what they didn't earn, ... as well as ruining hundreds upon hundreds or thousands of American jobs for those who are willing to still work really sucks to put it politely.

There needs to be a you get twenty years period jail time, ... and more importantly an American justice system that works for the people and not whoever is in power at the time. I'll leave it at that.

 

[Tesoro]

And maybe we will again see the elusive Fed215's on a shelf somewhere! or anywhere!!

 

[joshb]

With the current “attitudes” predominant in America these days, it might be a good thing. Look what happened to Budweiser.

 

[Fuj]

Allianz, Remington, CCI, Federal,Speer going to a Chech owned company, if the deal goes thru. Selling off America a little bit at a time?

The acquisition took place sometime early last October. I see it as a
positive. Vista did us no favors. New owner is a privately owned entity
and not some holding company doing the manipulating for share
holders......Yes, it's not the world we grew up in.

 

[ronsatspokane]

All indications have been for some time that CZ is a quality company. Wish they would not have sunseted the 527, 550 and full length stocks but maybe they'll come back. I mean time even Winchester discovered their mistake on that front.