Vista Outdoor, the sporting goods spin-off from Alliant Techsystems that owns Bushnell, Bollé and a raft of other brands, mostly in the firearms segment, is evaluating several merger and acquisition opportunities to diversify its product portfolio in areas such as camping, cycling, fishing, golf, snow sports, trail sports and water sports. Vista Outdoor is planning to start trading on the New York Stock Exchange on Feb. 10 at an initial price of $29 per share, giving it a market capitalization of $3.62 billion, provided ATK shareholders approve a merger with Orbital Sciences on Jan. 27. Vista Outdoor had an adjusted Ebitda margin of 16.2 percent on pro forma sales of $2.28 billion last year. More in Eyewear Intelligence.