Vista Outdoor, parent company of Lonoke-based Remington Ammunition, rejects $2.9 billion purchase plan

March 4, 2024 at 4:46 p.m.

by John Magsam

FILE- In this March 1, 2018, file photo Remington .22 LR ammunition is for sale at Duke's Sport Shop in New Castle, Pa. (AP Photo/Keith Srakocic, File)
FILE- In this March 1, 2018, file photo Remington .22 LR ammunition is for sale at Duke's Sport Shop in New Castle, Pa. (AP Photo/Keith Srakocic, File)

Vista Outdoor, the parent company of Lonoke-based Remington Ammunition, said Monday that it rejected a bid from MNC Capital Partners to acquire the company in an all cash deal valued at $2.9

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