September 5, 2013

Growing sport shooting accessories sector made Bushnell attractive to ATK

Virginia-based Alliant Techsystems Inc., widely known as ATK, is buying Bushnell Group Holdings Inc. for $985 million. The Overland Park company best known for its Bushnell binoculars agreed to a nearly $1 billion deal Thursday with a buyer that was attracted more to its holsters, rifle scopes and other shooting-sports products. Bushnell employs 1,100 globally, including about 300 in the Kansas City area.

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