Remington has been sold?
04-11-2007 | 07:33 PM
#2
Nontypical Buck
Joined: Feb 2003
Posts: 1,392
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From: MN USA
RE: Remington has been sold?
Yep... to an "investment group"...
"acquired by private-equity firm Cerberus Capital Management LP in a $370 million deal."
http://www.uticaod.com/apps/pbcs.dll/article?AID=/20070406/NEWS/704060328/1009/NEWS02
So they know anything about manufacturing firearms? I doubt it.
Companies like this generally are only interested in2 things, the bottom line and selling their investments for more than they paid for them. It's too bad.
"acquired by private-equity firm Cerberus Capital Management LP in a $370 million deal."
http://www.uticaod.com/apps/pbcs.dll/article?AID=/20070406/NEWS/704060328/1009/NEWS02
So they know anything about manufacturing firearms? I doubt it.
Companies like this generally are only interested in2 things, the bottom line and selling their investments for more than they paid for them. It's too bad.
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