CoastieRon
NES Member
Smith & Wesson is “definitely a likely” bidder for parts of Freedom Group, Rommel Dionisio, a New York-based analyst at Wedbush Inc., said in a phone interview. Freedom Group’s Remington unit in particular would be a “very good fit” for the company, he said, and with most of the brand’s long-gun business focused on shot guns and bolt-action rifles, “its exposure to potential regulatory changes is fairly minimal.”
Gunmaker Profits Seen Trumping S&P Amid Ban Proposals - Bloomberg