PSA to buy Remington Ammo Division?

[Disciple]

They just released their glock clone the 'dagger' today. Sold out immediately.

How much were they going for?

[Esq.]

How much were they going for?

Original lost was $399

[Grand58742]

I have to say, PSA has come a long way in the 12 years they've been in business. An ammo line would be the next logical step for their stores.

[Greg Kulbick]

9mm and 5.56 Daily Deals can't start soon enough!

.

[ChattanoogaPhil]

The bankruptcy court still needs to approve the successful bids, but they are as follows:

• Vista Outdoor, Inc. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit A with respect to the Lonoke Ammunitions Business and certain IP assets; and SIG Sauer, Inc. as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit B with respect to the Lonoke Ammunitions Business;

• Roundhill Group, LLC as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit C with respect to the non-Marlin Firearms Business; and Huntsman Holdings, LLC and Century Arms, Inc. as the Backup Bidders thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit D with respect to certain Firearms Business IP assets and Exhibit E with respect to certain non-Marlin Firearms Business inventory, respectively;

• Sierra Bullets, L.L.C. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit F with respect to the Barnes Ammunitions Business; and Barnes Acquisition LLC as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit G with respect to the Barnes Ammunitions Business;

• Sturm, Ruger & Company, Inc. as the Successful Bidder pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit H with respect to the Marlin Firearms Business; and Long Range Acquisition LLC as the Backup Bidder thereto pursuant to the terms of the Asset Purchase Agreement attached hereto as Exhibit I with respect to the Marlin Firearms Business;

• JJE Capital Holdings, LLC as the Successful Bidder with respect to the DPMS, H&R, Stormlake, AAC, and Parker brands;

• Franklin Armory Holdings, Inc., or its designated assignee, as the Successful Bidder with respect to the Bushmaster brand and certain related assets; and

• Sportsman’s Warehouse, Inc. as the Successful Bidder with respect to the Tapco brand.

The hearing to approve the winning bids will take place on Tuesday, September 29.

https://www.thetruthaboutguns.com/re...ts-bushmaster/

[Slater]

With the Bushmaster/Sandy Hook lawsuit still active, wonder how Franklin Armory handles that?

[Diamondback]

Am I the only one who has reservations about Vista collecting ammo plants like a kid does baseball cards?

Er, kids when WE were kids, who know what they collect now.

[sinister]

Vista owns Federal.

If they can bring their quality to Remington (especially for .22 rimfire) I'm all for it.

Sierra will get Barnes -- another win.

[everready73]

Original lost was $399

Sale price was $299

[Esq.]

With the Bushmaster/Sandy Hook lawsuit still active, wonder how Franklin Armory handles that?

Generally those things are discharged in bankruptcy.