Black Hills Ammo is for sale.Just saw the ad in todays Wall Street Journal.
Black Hills Ammo is for sale.Just saw the ad in todays Wall Street Journal.
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Group buy?
I think it said 6 mil.Cannot remember.
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Sounds like a death in the family or nasty divorce between a principal shareholder or partner? Usually a transaction like this would happen without quite all the hoopala I would imagine.
You have a company here with a government contract (or did have one) and ownership is not easily transitioned without impacting the value of the business and requires customer approval. That is why I thought of them going outside to find a buyer. All speculation on my behalf but if anyone gets the story on this, please post a follow up.
I know they just bought a new big ass facility.
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What's the over under on Cerberus buying them?
I didn't see anything about this on the news centers in Rapid City either. I'm going to try and keep an eye out though to see if anything shows up regarding this.
Question for the OP. Did the ad specificaly mention BHA? Somone who read that ad on TOS claims it's just an ammo manufacturer in the Black Hills. There's a few other companies in the same area that might be the one in the ad.
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