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Taurus to buy freedom group

Taurus, the second largest firearms manufacturer, is looking to buy up all the Freedom Group, uhm, groups. Maybe:

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.

14 Responses to “Taurus to buy freedom group”

  1. FazNo4 Says:

    I suppose we’ll see the Judge .45 Colt/.410 shotgun AR-15 at SHOT ’14.

  2. IllTemperedCur Says:

    Either that or the “Court Reporter” .22LR revolver.

  3. topofthechain Says:

    I guess the “Bailiff” will come in an appropriate poodle shooting caliber and only be available to law enforcement then?

  4. IllTemperedCur Says:

    And when Taurus buys HighPoint, they’ll come out with the “Defendant”.

  5. wizardpc Says:

    Is this a joke? Gotta be a joke.

  6. Bubblehead Les Says:

    Go for it. Then move Remington out of New York State.

  7. Bubblehead Les Says:

    OBTW, if Taurus pulls this off, then Taurus doesn’t have to face the prospect of 80% of their Firearms being Banned by Executive Orders because they will be “Made in the U.S.A., ” not Brazil.

    Of course, this does mean that the Quality of 100% of Freedom Group will probably sink to the bottom of the Bowl. ; )

  8. comatus Says:

    I for one welcome our new California Teachers Retirement overlords, and congratulate them for driving ownership of several more American companies offshore. All part of the plan, Travellers.

  9. Chas Says:

    “…analysts bet that proposed U.S. gun controls will fail to deter demand in the world’s largest consumer firearms market.”

    I bought 2000 shares of S&W (SWHC) the Monday after Sandy Hook when I saw that the stock had fallen. I wanted to jump in and support the company. Sold them off this week and made about $700. It paid to support freedom.

  10. Peter Says:

    This is clearly a conspiracy launched by the Gunsmith Cartel. Eventually, every gun produced by Freedom Group will come with a lousy trigger, forcing us into the arms of greedy and rapacious gunsmiths.

    :D

  11. Justin Buist Says:

    Yipes.

    Hope they don’t tank QC at the existing companies. I’d hope they actually learn something from them but I fear it’ll go the other way as they start trying to cut costs.

    I’ve got two Taurus products and they’re buggered up pretty good. I don’t consider them a serious vendor. I would not ever tell anybody to buy one.

    If they snatch up Shrubmaster, Big Green, DPMS, AAC, etc. and push the crappy QC down there could be a problem.

    I’m hoping the original owners of the companies Cerberus scooped up under the ‘Freedom Group’ label don’t have any non-compete agreements. If Taurus tanks the original labels they’ll be able to fire up and get back into their game.

  12. Pete Says:

    I have fond feelings towards Taurus ever since they, and Glock, told the Clinton Admin to FOAD after S+W knuckled under back in 2000.

  13. P.M. Says:

    The QC worries above are not crazy, but at least Taurus is a real pro-gun gun company.

    On balance I’d be pleased.

  14. MAJMike Says:

    @12 Pete: I’ll never own a Smith because of that.

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