Texas investment group bids $2.9 billion for Lonoke firm’s parent company

March 1, 2024 at 5:16 p.m.

by John Magsam

Remington .22 long rifle ammunition is for sale at Duke's Sport Shop in New Castle, Pa., in this March 1, 2018 file photo. Remington Ammunition filed bankruptcy later that year and was purchased out of bankruptcy by Vista Outdoor. (AP/Keith Srakocic)
Remington .22 long rifle ammunition is for sale at Duke's Sport Shop in New Castle, Pa., in this March 1, 2018 file photo. Remington Ammunition filed bankruptcy later that year and was purchased out of bankruptcy by Vista Outdoor. (AP/Keith Srakocic)

Vista Outdoor, the parent company of Lonoke-based Remington Ammunition, confirmed Friday that it has received an unsolicited indication of interest from MNC Capital Partners to acquire the company in an all-cash deal.

Texas-based

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