Article

2024-05-29 Economy

Alliant Gunpowder Shortage - Presumably Government Purchasing Prioritized over Civilian Sales

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Griter+Slash1619 2024-05-29 00:00|| || Front Page|| [11134 views ] Top

#1 MNC Capital Increases Proposal to Acquire Vista Outdoor to $37.50 Per Share

DALLAS, March 25, 2024--(BUSINESS WIRE)--MNC Capital Partners, L.P. ("MNC") today announced that it has submitted an increased all-cash proposal to acquire Vista Outdoor, Inc. (NYSE: VSTO) ("Vista" or the "Company") for $37.50 per share, or approximately $3.0 billion. Vista’s shares were trading below $30.00 per share when MNC made its initial proposal on February 19, 2024. MNC's $37.50 per share proposal values Revelyst at $1.1 billion, a 93% premium to Vista's own $570 million implied Revelyst standalone value from its Investor Presentation dated February 1, 2024.

From Business Wire 03/2024

Posted by Cleared Cookies Lost Nic 2024-05-29 08:13|| 2024-05-29 08:13|| Front Page Top

#2 Cost driven businessmen cut excess capacity to the bone in a drive for profitability, then are surprised to find that they don't have any excess capacity.
Strange how that works.

Posted by ed in texas 2024-05-29 08:27|| 2024-05-29 08:27|| Front Page Top

#3
1st of all - history seems to be repeating itself again. There were ammo and powder/primer shortages when Obama was coming up for his re-election also. Then again, for the Hillary/Trump run up to election.

However, you can make your own 5FG grade Black Powder.

BTW: The chemicals are available in various products sold at Home / Garden Super stores.

Posted by NN2N1 2024-05-29 09:07|| 2024-05-29 09:07|| Front Page Top

#4 The bottleneck is in the plant’s capacity to convert cotton into what is called "defense-grade" nitrocellulose.

Well, D'Oh! Unless you thoroughly rinse out the acids used to make it nitrocellulose has a nasty habit of exploding! Not a trivial process.

Posted by magpie 2024-05-29 13:10|| 2024-05-29 13:10|| Front Page Top

23:42 DooDahMan
23:40 Cured Romantic
23:35 DooDahMan
23:34 DooDahMan
23:33 Raj
22:07 Pancho Poodle8452
21:43 Frank G
21:21 Secret Master
21:18 Elmerert Hupens2660
21:14 SteveS
20:54 SteveS
20:51 trailing wife
20:46 jpal
20:28 Elmerert Hupens2660
20:20 Ululating Platypus
20:07 trailing wife
19:38 Rex Mundi
19:36 Rex Mundi
19:20 Rex Mundi
18:45 Whiskey Mike
18:43 NoMoreBS
18:41 Whiskey Mike
18:39 Whiskey Mike
18:36 Frank G