Dakota Arms

[muzr257]

Tinman
You are right about the Cerberus thing - i was told by a source(reliable) that he was going to buy Remington personally!
It was only USD$318M at the time - i was also told how much his annual income was - buying Remington would have been less than two years income

[DittoHead]

Originally Posted by TinMan

Reportedly, one of the principals at Cerberus, the private equity firm that owns Remington, and Bushmaster, Cobb, Lewis Tool, and a few others (DPMS?), is a gun nut.

He is a gun nut. There was an interview with the guy in American Rifleman a few months ago. I don't remember his name, but he was a hunter when he was young, then stopped when he went to college, then eventually got back into it. He's now a serious big game hunter. I think he's a shotgunner,too, but I'm going on memory here.

Originally Posted by philip

I have a couple Dakotas.....does that count...

Sure does!

[impalacustom]

I am very suprised that Cerberus could afford to purchase anything with them loosing their tails on Chrysler. It will be interesting to see how many of the wildcats will disappear.

[Oleman]

Oh but don't forget the bailout? Who knows how much of that money really went to the bailout no one is keeping track?