Vista Outdoor Acquires Fox Racing: Read What's The Advantage

Vista Outdoor Inc  (NYSE: VSTO ) has agreed to acquire California-based Fox Racing , a performance motocross, mountain bike, and lifestyle gear provider, for $540 million. There is also  potential for an additional $50 million earnout based on Fox Racing's financial performance. Vista Outdoor expects the deal to be immediately accretive to earnings, excluding ... Full story available on Benzinga.com