Vista has been looking at selling off some brands since before the first of the year. I think it was last fall that the CEO and CFO were both encouraged to resign/retire and new blood was brought in to start cleaning up the financials after their predecessors went on a buying spree.

https://www.wsj.com/articles/vista-o...rms-1525183300

The points made in this article about the investment that would be needed to make Savage a full-service firearms manufacturer are true. Vista's goal right now is to focus on the brands that are leaders in their perspective field and right now Savage doesn't make the grade. As noted, handguns make up 50% of firearms sales in the U.S., and Savage doesn't make any. Savage's various attempts to get back into the shotgun market over the last 10-15 years with cheap imports haven't been very successful either.