Bane Reports on Freedom Group IPO and Bushmaster ACR
In his latest Weekly Video Podcast (#22) Michael Bane, host of DownRange TV, tests the new Bushmaster ACR at the TiG Training Facility in Tennessee. While this new reifle may interest our readers, Bane also discusses the latest status of the Freedom Group’s efforts to “go public”. The Freedom Group is a Cerberus-owned consortium of firearms/security companies including AAC, Barnes Bullets, Bushmaster, Dakota Arms, DPMS, H&R, Marlin, and Remington. A public offering of Freedom Group shares is potentially a very big deal in the firearms industry. This week, Bane explains, the Freedom Group made a presentation to the SEC in support of its future Initial Public Offering (IPO). Click on the image below to watch Bane’s latest video report. (NOTE: you may want to turn down the volume on your speakers BEFORE clicking link, particularly if you are at work).