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DPMS doubled its revenue between 2004–2007 and employed 65 people in 2008. [1] Freedom Group purchased DPMS Panther Arms on December 14, 2007, the same year it purchased Marlin Firearms. Freedom Group was a consortium of firearms manufacturers and was part of Cerberus Capital Management, a New York private equity investment firm.
They also manage a number of different brands including, DC Machine, Ferrous Engineering, Lead Star Arms, PSA Defense, Palmetto Outdoors, Special Tool Solutions, and Spartan Forge. In September 2020 JJE Capital also acquired DPMS, H&R, Stormlake, AAC and Parker brands from the Freedom Group bankruptcy auction.
.17 Mach IV.17 Remington Fireball.17 Remington [2].17-223 [4].20 Practical [5] (wildcat).20 GPC (wildcat).22 GPC (wildcat).204 Ruger [2]; 22 Grendel (wildcat) aka 224 Grendel
Reports from Fox News and USA TODAY have said that a West Columbia-based firearms manufacturer made the gun used in the shooting of former President Donald Trump.
In June 2007, a private equity firm, Cerberus Capital Management, acquired Remington Arms for $370 million, including $252 million in assumed debt. It became part of the company's Freedom Group. Remington was millions of dollars in debt and did not report a profit from 2003 to 2005. [3]
The 2008–2016 United States ammunition shortage was a shortage of civilian small arms ammunition in the United States that started in late 2008, [1] and continued through most or all of 2010, with an additional shortage beginning in December 2012 and continuing throughout 2013.
Amazon has released its list of the top 100 best Cyber Monday deals, including the Amazon Kindle, KitchenAid Mixer, Ring Doorbell and more.
If you'd instead put your $10,000 into an S&P 500 (SNPINDEX: ^GSPC) index fund, you would've had just $11,900 at the end of the year. An equal investment in an S&P 500 index fund would be worth ...