LEATT CORP

Vista Outdoor Inc.

$LEAT competitor Fox Racing will be acquired by $VSTO for $540m for an EBITDA multiple of ~10x based on expected 2022 numbers. 

$LEAT currently trades at LTM EV/EBITDA of ~6x.

[https://news.vistaoutdoor.com/2022-07-06-Vista-Outdoor-Enters-into-Definitive-Agreement-to-Acquire-Fox-Racing](https://news.vistaoutdoor.com/2022-07-06-Vista-Outdoor-Enters-into-Definitive-Agreement-to-Acquire-Fox-Racing)

Here is my write-up about $LEAT: 

[https://underfollowedstocks.substack.com/p/3-leatt-corporation](https://underfollowedstocks.substack.com/p/3-leatt-corporation)

https://news.vistaoutdoor.com/2022-07-06-Vista-Outdoor-Enters-into-Definitive-Agreement-to-Acquire-Fox-Racing

https://underfollowedstocks.substack.com/p/3-leatt-corporation

#3 Leatt Corporation

Fox Racing will be acquired

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