Skip to comments.Gun Fans Also Cheer Sale of Bushmaster Rifle Parent Freedom Group
Posted on 12/19/2012 8:37:25 AM PST by aimhigh
"The Freedom Group came in and consolidated production and just alienated everybody because they bought up these great brands and then destroyed them... it is fu***ng up some of the best brands in the gun world."
Robert Farago, publisher of the popular gun blog The Truth About Guns, told me that about the Freedom Group a month before the shootings in Newtown, Connecticut, involving its gun brand Bushmaster. It was a month and a few days before Cerberus Capital Management announced it would sell its 95 percent stake in Freedom Group, citing the school tragedy which had, in its words, "raised the national debate on gun control to an unprecedented level."
(Excerpt) Read more at brandchannel.com ...
Marlin was going down fast.
I haven’t heard that the remington brand was affected by this as much as some of the others - anyone hear or seen differently? Curious as I’m looking for a new 870
I call BS on this story.
I think some of the more stupid, who believed the Soros angle, are trying to save face by hating Freedom Group.
Nothing like our side consuming our own.....it's no wonder the liberals keep winning.
Ok - the comments so far are in line with what I was thinking that some of the struggling ones were struggling before they were bought (Marlin) and the hardy ones are still hardy (Remington).
Freedom Group is also turning a nice profit as well due to consolidation and streamlining of production. Basically, all the brands are still being manufactured, just using fewer plants and labor.
That is the *REAL* reason Cerberus is divesting.....they can turn a nice profit for their stakeholders and score some PR points in the process.