Remington buying up everything?

**Mity2** · December 29th, 2007, 09:38 AM

So remington(actually holding co. that owns Remington) bought Bushmaster.
Remington then buys Marline ---> http://www.marlinfirearms.com/
Then buys DPMS ---> http://www.breitbart.com/article.php...show_article=1

What the frigg is up that?

So will it be like pms master? Rempms?

**vluc** · December 29th, 2007, 09:56 AM

That's Cerebrus. The same company that bought Chrysler.

**TonyF** · December 29th, 2007, 09:56 AM

Cerebus is a private equity group.

**gold cup abuser** · December 29th, 2007, 09:57 AM

was thinking more like RemMaster or RemBushPMS or something lol

well now you know where your money is going for the new higher prices in ammo lol

**normanvin** · December 29th, 2007, 09:57 AM

i had heard that they bought marlin.

is this a good or bad thing?

**PA Rifleman** · December 29th, 2007, 03:17 PM

Looks like Cerberus (details) is buying these businesses up. Might have military contracts in mind, especially with Remington & Bushmaster.

From Wiki:

Firearms - Acquired Bushmaster Firearms, Inc., from Windham, Maine native Dick **** for an undisclosed sum in April 2006, and purchased Remington Arms in April 2007. Under Cerberus direction, Bushmaster Firearms acquired Cobb Manufacturing, a well-respected manufacturer of large-caliber tactical rifles in August 2007. Cerberus also announced the acquisition of DPMS Panther Arms in December 2007

**Ramtuff** · December 29th, 2007, 03:38 PM

Originally Posted by PA Rifleman

Looks like Cerberus (details) is buying these businesses up. Might have military contracts in mind, especially with Remington & Bushmaster.

From Wiki:

Yes, I think they're definitely after military contracts. I read a little while back that they recently landed a $40 million contract for Chrysler (more specifically, the Jeep division). With a bunch of ex-GE execs on the board, I think Cerberus is trying to place itself as the next GE...they want their hands into everything they can get them into.

**knight0334** · December 29th, 2007, 03:39 PM

I cant say for sure that its a good thing or bad... But I'm grateful that Marlin is still American owned. I'm a big fan of Marlin, LC Smith and H&R/NEF firearms.

**1911shooter** · December 29th, 2007, 03:58 PM

Lets just wait and see, and then after the bean counters are done most of you favorite items that dont sell will be gone. anytime a big holdings company such as this starts to buy up companies it almost always a bad thing.