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Cerberus cuts bait

 
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  #1  
Old 12-18-2012, 12:09 PM
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Cerberus cuts bait

Cerberus selling Freedom Group

Cerberus Capital plans to sell stake in Bushmaster gun maker Freedom Group in shootings' wake | Fox News
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  #2  
Old 12-18-2012, 02:15 PM
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Re: Cerberus cuts bait

Probably the best thing to happen to bushmaster
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Joe
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Old 12-18-2012, 02:18 PM
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Re: Cerberus cuts bait

I'm not a fan of Bushmaster, however, you can not blame the manufacture!
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  #4  
Old 12-18-2012, 02:37 PM
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Re: Cerberus cuts bait

Buy a bunch of individual companies, close their plants and move them, run their quality, product line and reputation in to the ground and put 'em up for sale. I think the Chinese can afford to purchase all of Freedom Group. With owners like Cerebrus, who needs enemies?

I think we've found our next presidential candidate.
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  #5  
Old 12-18-2012, 04:32 PM
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Re: Cerberus cuts bait

Cerberus is a Capital Investment company. They buy companies and strip them of cash, then sell them. Like Chrysler.
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Old 12-18-2012, 04:42 PM
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Re: Cerberus cuts bait

Here's another read on it.
Cerberus to Sell Freedom Group, a Gunmaker - NYTimes.com
436
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  #7  
Old 12-18-2012, 07:05 PM
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Re: Cerberus cuts bait

Good, they ruined these companies, cheapening out the guns then bailing on them when it gets bad. Maybe we can get some descent rifles now.
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