Posts Tagged domestic production

Czech Group Get Approval To Buy US Ammo Brands

From Guns.com:

The Committee on Foreign Investment in the United States has given the green light to the proposed acquisition of Vista Outdoor’s varied and iconic ammunition brands to the Czechoslovak Group. 

In a release from Vista on Wednesday, the company announced it had received written notice from CFIUS that the federal regulator has concluded its review and investigation of the proposed transaction “and has determined that there are no unresolved national security concerns.” The clearance by CFIUS was the final governmental regulatory approval required for the deal to proceed. U.S. Federal Trade Commission had previously cleared the acquisition from an antitrust perspective. 

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