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Mystery company buying up U.S. gun manufacturers

Mystery company buying up U.S. gun manufacturers

In recent years, many top-selling brands - including the 195-year-old Remington Arms, as well as Bushmaster Firearms and DPMS, leading makers of military-style semiautomatics - have quietly passed into the hands of a single private company. It is called the Freedom Group - and it is the most powerful and mysterious force in the U.S. commercial gun industry today.

Behind this giant is Cerberus Capital Management, the private investment company that first came to widespread attention when it acquired Chrysler in 2007. (Chrysler later had to be rescued by taxpayers). With far less fanfare, Cerberus, through the Freedom Group, has been buying big names in guns and ammo.

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/12/03/...

On October 19, 2006, John W. Snow, President George W. Bush's second Treasury Secretary, was named chairman of Cerberus.

What do you guys make of this?

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So who owns them?

http://www.cerberuscapital.com/Default.aspx

http://en.wikipedia.org/wiki/Cerberus_Capital_Management

Sounds to me like they might be positioning themselves in a market they have foreknowledge will be very needed soon.

Gun sales are on the rise and have been for quite sometime.

Patriot Cell #345,168
I don't respond to emails or pm's.
http://www.youtube.com/watch?NR=1&feature=endscreen&v=qo8CmO...
Those who make peaceful revolution impossible will make violent revolution, inevitable.

The 2nd ammendment is still intact

to keep other countries from invading us because we print so many fiat dollars. They don't keep it intact for us to protect ourselves from them, they use it to protect them from them. Think about that.

Those who expect to reap the blessings of freedom must. like men, undergo the fatigue of supporting it.-Thomas Paine

The R3volution requires action, not observation!!!!

"Cerberus" in Greek mythology is the

three-headed Hell Hound, which guards the gates of Hades.

Interesting choice of name for a Capital Management company.

I was initially leery about this

but I'm not sure that these Cerberus people are anything more than an investment holding company. They certainly don't own all the US firearms companies, and are in no position to corner the market, nor prevent anyone from getting quality firearms, even if they closed all the firearm companies that they own.

So, I'm not particularly worried about it, even though it does seem unusual. Maybe they are betting on a big war needing a lot of guns to be made, and they can make them.