Looks like the private equity company that holds the majority interest in Bushmaster assault rifle company is selling it. Rather its from pressure, profit, or something that was in the works ,seems like odd timing. From the outside looking in it seems like the company doesn't want blood on its hands.
Walmart are pulling Bushmasters from its catalog , as well as Dicks Sporting Goods are pulling certain rifles.
http://www.bizjournals.com/atlanta/m...&ed=2012-12-18
Today's Talkers
*Dicks Sporting Goods (NYSE: DKS) pulling some semi-automatic guns from shelves
*Walmart (NYSE: WMT) pulls Bushmaster rifle from online catolog.
*Private equity firm Cerberus has put U.S. firearms maker Freedom Group up for sale following the Connecticut school shooting. Freedom Group includes Bushmaster, maker of the rifle used in the tragedy.
Walmart are pulling Bushmasters from its catalog , as well as Dicks Sporting Goods are pulling certain rifles.
http://www.bizjournals.com/atlanta/m...&ed=2012-12-18
Today's Talkers
*Dicks Sporting Goods (NYSE: DKS) pulling some semi-automatic guns from shelves
*Walmart (NYSE: WMT) pulls Bushmaster rifle from online catolog.
*Private equity firm Cerberus has put U.S. firearms maker Freedom Group up for sale following the Connecticut school shooting. Freedom Group includes Bushmaster, maker of the rifle used in the tragedy.