Vista Outdoor shareholders voted in favor of selling The Kinetic Group, the company’s ammunition arm, to CSG on Monday, kickstarting the company’s plans to separate its outdoor and ammunition branches after a lengthy debate and review.

With regulatory approvals already secured, the sale to CSG is expected to close on Wednesday, according to a news release. Without the need for shareholder approval, the sale of Revelyst, the company’s outdoor branch that includes CamelBak, Simms, and Bushnell, to Strategic Value Partners (SVP) is on track to close by January 2025.

The deal with CSG will deliver $25.75 in cash to shareholders and one share of Revelyst common stock for each share of Vista Outdoor.

The deal was hotly debated, with multiple large shareholders urging Vista’s executive team to reconsider the plan. CSG subsequently increased its offer, which combined with the Revelyst share, will amount to approximately $45 per share for Vista stockholders. On Monday, approximately 97.89% of votes cast were in favor of the CSG transaction, representing approximately 82.57% of outstanding shares.

Read: The Vista Outdoor Tortured Sale Saga – A Guide.

“We are thrilled to have received overwhelming support from our stockholders for the compelling transaction with CSG,” said Michael Callahan, chairman of the Vista Outdoor board of directors, in a statement. “The CSG transaction maximizes value for our stockholders, while also providing an ideal home for our leading ammunition brands and significant opportunities for our employees.”

Once the CSG deal closes, Revelyst will trade on the New York Stock Exchange under the ticker symbol GEAR. After the sale of Revelyst to SVP receives its regulatory approvals, it will buy Revelyst for $1.125 billion in cash. At the close of that transaction, Reveylst shareholders will receive $19.25 per Revelyst share and Revelyst will become a private company.