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ATK Completes Acquisition Of Bushnell

Defense Daily Staff Defense Daily Staff
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ATK [ATK] yesterday said it has completed its $985 million acquisition of Bushnell Group Holdings, further expanding its array of product offerings within its sporting business. Bushnell, which previously was owned by the private equity firm MidOcean Partners, sells hunting and sports optics, performance eyewear, and outdoor accessories. Bushnell Elite Tactical LRS Rifle Scope. Photo: ATK Bushnell is expected to have $600 million in sales this year. ATK expects the deal to be dilutive to its earnings per share in FY…

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