{"id":30285,"date":"2009-10-21T09:26:05","date_gmt":"2009-10-21T13:26:05","guid":{"rendered":"http:\/\/www.pehub.com\/?p=53366"},"modified":"2009-10-21T09:26:05","modified_gmt":"2009-10-21T13:26:05","slug":"freedom-group-files-for-ipo","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/30285","title":{"rendered":"Freedom Group Files for IPO"},"content":{"rendered":"

(Reuters) – Gun maker Freedom Group Inc, controlled by private equity firm Cerberus Capital Management, filed with U.S. regulators on Wednesday to raise up to $200 million in an initial public offering of common stock.<\/p>\n

The Madison, North Carolina-based company told the U.S Securities and Exchange Commission in a preliminary prospectus that its predecessor company was formed by Cerberus to acquire Bushmaster Firearms.<\/p>\n

Firearms and ammunitions makers including Remington Arms, DPMS Firearms and Marlin Firearms were later acquired to form Freedom Group. The company posted net sales of $427.3 million for the six months ended June 30.<\/p>\n

The filing did not reveal how many shares the company planned to sell or under which symbol the company plans to list its stock.<\/p>\n

Freedom Group designs, manufactures and markets firearms under brands including Remington, Marlin, Bushmaster, Parker and Nesika. (Reporting by Sayantani Ghosh in Bangalore; Editing by Anne Pallivathuckal)<\/p>\n

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(Reuters) – Gun maker Freedom Group Inc, controlled by private equity firm Cerberus Capital Management, filed with U.S. regulators on Wednesday to raise up to $200 million in an initial public offering of common stock. The Madison, North Carolina-based company told the U.S Securities and Exchange Commission in a preliminary prospectus that its predecessor company […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-30285","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/30285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=30285"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/30285\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=30285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=30285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=30285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}