Taurus(Forjas Taurus SA) emerging as a likely bidder for Freedom Group Inc.

[FarmerRick]

http://www.bloomberg.com/news/2013-01-17/gun-ban-no-obstacle-to-taurus-bid-for-freedom-corporate-brazil.html


Brazilian gunmaker Forjas Taurus SA (FJTA4) is emerging as a likely bidder for Freedom Group Inc. as analysts bet that proposed U.S. gun controls will fail to deter demand in the world’s largest consumer firearms market.
Taurus, the acquirer of U.S. revolver maker Heritage Manufacturing Inc. last year, would be a good suitor for all or part of Freedom Group, according to brokerage Coinvalores and Wedbush Morgan Securities. Taurus, which said in November that it’s “analyzing acquisition opportunities” for 2013, declined to comment on speculation of a bid.


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Well, I guess it's good that another actual "gun maker" is probably buying Freedom Group, but I'd sure like it better if an United States-based company would purchase it.

[A-FIXER]

Agree with you Rick, and those who are still CAPITALIST are people I would spend my money with.

[bkoenig]

I just hope whoever buys them will return Marlin & Remington to the days of good quality control.  Taurus has a reputation for spotty quality, but if they buy a modern U.S. plant and decide to make a serious play for the U.S. market I bet they can raise their game to the next level.