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Vista Outdoors -Remington #4146587
06/12/24 11:38 AM
06/12/24 11:38 AM
Joined: Nov 2011
Posts: 11,794
A
abolt300 Offline OP
Booner
abolt300  Offline OP
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A
Joined: Nov 2011
Posts: 11,794
News breaking that Vista is going to sell its ammunition division (Remington) to a Czech company. Vista's ammo division accounts for around 70% of all primer production. The Czech company is tight with both China and Russia and currently supplies both. Several conservative senators are trying to block the sale, on national security grounds, but Vista seems positive that the Biden administration is going to allow the sale to take place. Article I read said that Vista had a higher offer from an American company but Vista management is pushing to sell to the Czech company.

Re: Vista Outdoors -Remington [Re: abolt300] #4146589
06/12/24 11:43 AM
06/12/24 11:43 AM
Joined: Sep 2021
Posts: 503
ATHENS
T
Turkeyneck78 Offline
4 point
Turkeyneck78  Offline
4 point
T
Joined: Sep 2021
Posts: 503
ATHENS
I've been following this for a while but haven't seen any updates. Not going with the higher bid from the American company sure seems shady. I hope it gets blocked but with the current administration, I doubt it will.

Re: Vista Outdoors -Remington [Re: abolt300] #4146598
06/12/24 12:10 PM
06/12/24 12:10 PM
Joined: Jan 2015
Posts: 366
elmore county
L
limabean Offline
4 point
limabean  Offline
4 point
L
Joined: Jan 2015
Posts: 366
elmore county
Seems to me that if a higher bid from a American company actually was offered and turned down there is a reason. I suspect the reason may be the administration is padding the foreign company’s offer. Why else would they want to sell to the low bidder? I’m glad I am older so I don’t have to deal with the crap that’s going on in this country as long as some people.

Re: Vista Outdoors -Remington [Re: abolt300] #4146603
06/12/24 12:16 PM
06/12/24 12:16 PM
Joined: Jan 2001
Posts: 12,315
Birmingham
W
wew3006 Offline
Booner
wew3006  Offline
Booner
W
Joined: Jan 2001
Posts: 12,315
Birmingham

Re: Vista Outdoors -Remington [Re: abolt300] #4146606
06/12/24 12:26 PM
06/12/24 12:26 PM
Joined: Jul 2011
Posts: 37,659
Boxes Cove
2Dogs Offline
Freak of Nature
2Dogs  Offline
Freak of Nature
Joined: Jul 2011
Posts: 37,659
Boxes Cove
Been a dang good stock the last 4-5 years.



"Why do you ask"?

Always vote the slowest path to socialism.







Re: Vista Outdoors -Remington [Re: abolt300] #4146657
06/12/24 02:10 PM
06/12/24 02:10 PM
Joined: Jan 2018
Posts: 5,414
Michigan
S
Sasquatch Lives Offline
12 point
Sasquatch Lives  Offline
12 point
S
Joined: Jan 2018
Posts: 5,414
Michigan
Maybe I need to load up on corelokts soon. Love those things.

Re: Vista Outdoors -Remington [Re: abolt300] #4146661
06/12/24 02:13 PM
06/12/24 02:13 PM
Joined: Sep 2003
Posts: 13,230
Montgomery / Luverne
crenshawco Online content
Booner
crenshawco  Online Content
Booner
Joined: Sep 2003
Posts: 13,230
Montgomery / Luverne
It's not just Remington. Federal, CCI, Blaser, Speer, and Alliant are all Vista ammo brands that are part of this.

Re: Vista Outdoors -Remington [Re: crenshawco] #4146665
06/12/24 02:19 PM
06/12/24 02:19 PM
Joined: Apr 2000
Posts: 18,131
Elmore County
Frankie Offline
Old Mossy Horns
Frankie  Offline
Old Mossy Horns
Joined: Apr 2000
Posts: 18,131
Elmore County
Originally Posted by crenshawco
It's not just Remington. Federal, CCI, Blaser, Speer, and Alliant are all Vista ammo brands that are part of this.



things gonna get messed one of these days about ammo . guns too .


very few owned by US companies now .

Re: Vista Outdoors -Remington [Re: Frankie] #4146673
06/12/24 02:33 PM
06/12/24 02:33 PM
Joined: Nov 2011
Posts: 11,794
A
abolt300 Offline OP
Booner
abolt300  Offline OP
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Joined: Nov 2011
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Originally Posted by Frankie
Originally Posted by crenshawco
It's not just Remington. Federal, CCI, Blaser, Speer, and Alliant are all Vista ammo brands that are part of this.



things gonna get messed one of these days about ammo . guns too .


very few owned by US companies now .


Like I said in my original post. Vista companies control 70% of the primer market. Without primers, nothing goes "Bang". Congress needs to shut this deal down immediately.

Re: Vista Outdoors -Remington [Re: abolt300] #4146680
06/12/24 02:49 PM
06/12/24 02:49 PM
Joined: Apr 2000
Posts: 18,131
Elmore County
Frankie Offline
Old Mossy Horns
Frankie  Offline
Old Mossy Horns
Joined: Apr 2000
Posts: 18,131
Elmore County
Originally Posted by abolt300
Originally Posted by Frankie
Originally Posted by crenshawco
It's not just Remington. Federal, CCI, Blaser, Speer, and Alliant are all Vista ammo brands that are part of this.



things gonna get messed one of these days about ammo . guns too .


very few owned by US companies now .


Like I said in my original post. Vista companies control 70% of the primer market. Without primers, nothing goes "Bang". Congress needs to shut this deal down immediately.



Dems like it the Reps gets their palms greased they'll be fine with it . ive pretty much lost all hope with whats there .

Re: Vista Outdoors -Remington [Re: abolt300] #4146716
06/12/24 03:44 PM
06/12/24 03:44 PM
Joined: Jan 2003
Posts: 13,505
behind my Dillon
dave260rem! Online content
Pope of Aldeer and Expert
dave260rem!  Online Content
Pope of Aldeer and Expert
Joined: Jan 2003
Posts: 13,505
behind my Dillon
Fiocchi is building a primer making plant...somewhere.


Skinny is my EX.Alcohol was involved.
Re: Vista Outdoors -Remington [Re: dave260rem!] #4146726
06/12/24 03:53 PM
06/12/24 03:53 PM
Joined: Sep 2003
Posts: 13,230
Montgomery / Luverne
crenshawco Online content
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crenshawco  Online Content
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Joined: Sep 2003
Posts: 13,230
Montgomery / Luverne
Originally Posted by dave260rem!
Fiocchi is building a primer making plant...somewhere.



They're already owned by this same Czechoslovak Group

Re: Vista Outdoors -Remington [Re: crenshawco] #4146731
06/12/24 04:04 PM
06/12/24 04:04 PM
Joined: Jun 2013
Posts: 55,219
Gee's Bend/At The Hog Pen
James Offline
Freak of Nature
James  Offline
Freak of Nature
Joined: Jun 2013
Posts: 55,219
Gee's Bend/At The Hog Pen
Originally Posted by crenshawco
Originally Posted by dave260rem!
Fiocchi is building a primer making plant...somewhere.



They're already owned by this same Czechoslovak Group


Yup...


Do not regret growing older, it's a privilege denied to many!

Re: Vista Outdoors -Remington [Re: abolt300] #4146801
06/12/24 06:26 PM
06/12/24 06:26 PM
Joined: Dec 2009
Posts: 10,017
USA
M
marshmud991 Offline
Booner
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M
Joined: Dec 2009
Posts: 10,017
USA
Palmetto State Armory is in the process of building a large primer factory. Not sure when they will have some available on the market.


It's hard to kiss the lips at night that chews your a$$ all day long.


Re: Vista Outdoors -Remington [Re: wew3006] #4146811
06/12/24 06:42 PM
06/12/24 06:42 PM
Joined: Jan 2017
Posts: 6,704
Mobile, AL
P
Pwyse Online IMG_0051.GIF
14 point
Pwyse  Online IMG_0051.GIF
14 point
P
Joined: Jan 2017
Posts: 6,704
Mobile, AL
Originally Posted by wew3006


Did I read that correctly to say that the interest offer from the American company came AFTER they already had an agreement with the Czech company?

Re: Vista Outdoors -Remington [Re: Pwyse] #4146826
06/12/24 07:14 PM
06/12/24 07:14 PM
Joined: Jan 2001
Posts: 12,315
Birmingham
W
wew3006 Offline
Booner
wew3006  Offline
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Joined: Jan 2001
Posts: 12,315
Birmingham
Originally Posted by Pwyse
Originally Posted by wew3006


Did I read that correctly to say that the interest offer from the American company came AFTER they already had an agreement with the Czech company?

That’s what it looks like, $50 million penalty to back out, to vote of shareholders

Re: Vista Outdoors -Remington [Re: wew3006] #4146832
06/12/24 07:20 PM
06/12/24 07:20 PM
Joined: Jun 2013
Posts: 55,219
Gee's Bend/At The Hog Pen
James Offline
Freak of Nature
James  Offline
Freak of Nature
Joined: Jun 2013
Posts: 55,219
Gee's Bend/At The Hog Pen
Originally Posted by wew3006
Originally Posted by Pwyse
Originally Posted by wew3006


Did I read that correctly to say that the interest offer from the American company came AFTER they already had an agreement with the Czech company?

That’s what it looks like, $50 million penalty to back out, to vote of shareholders

Yep


Do not regret growing older, it's a privilege denied to many!

Re: Vista Outdoors -Remington [Re: abolt300] #4146884
06/12/24 09:23 PM
06/12/24 09:23 PM
Joined: Jan 2011
Posts: 6,116
Hoover, AL
M48scout Online content
12 point
M48scout  Online Content
12 point
Joined: Jan 2011
Posts: 6,116
Hoover, AL
Maybe they can start a gofundme and Elan and others can raise funds to help out here. You would think those having significant voting positions in a firearms related company would have the patriotic notion to not sell to a foreign company


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