{"id":603252,"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.com\/index\/603252","title":{"rendered":"Freedom Group Files for IPO"},"content":{"rendered":"<p>(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<p>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<p>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<p>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<p>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<p><a href=\"http:\/\/sharethis.com\/item?&wp=2.6.2&amp;publisher=cc2b1207-de99-4484-bf7a-c797973e9397&amp;title=Freedom+Group+Files+for+IPO&amp;url=http%3A%2F%2Fwww.pehub.com%2F53366%2Ffreedom-group-files-for-ipo%2F\">ShareThis<\/a><\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/6kSqgE6omqwcsrMphaCvRiG-Vao\/0\/da\"><img src=\"http:\/\/feedads.g.doubleclick.net\/~a\/6kSqgE6omqwcsrMphaCvRiG-Vao\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br\/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/6kSqgE6omqwcsrMphaCvRiG-Vao\/1\/da\"><img src=\"http:\/\/feedads.g.doubleclick.net\/~a\/6kSqgE6omqwcsrMphaCvRiG-Vao\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p><div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?a=_No4okXFS7Q:7RAufkeZ5Hk:yIl2AUoC8zA\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?a=_No4okXFS7Q:7RAufkeZ5Hk:dnMXMwOfBR0\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?d=dnMXMwOfBR0\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?a=_No4okXFS7Q:7RAufkeZ5Hk:D7DqB2pKExk\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?i=_No4okXFS7Q:7RAufkeZ5Hk:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?a=_No4okXFS7Q:7RAufkeZ5Hk:7Q72WNTAKBA\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?d=7Q72WNTAKBA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?a=_No4okXFS7Q:7RAufkeZ5Hk:V_sGLiPBpWU\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?i=_No4okXFS7Q:7RAufkeZ5Hk:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?a=_No4okXFS7Q:7RAufkeZ5Hk:qj6IDK7rITs\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?a=_No4okXFS7Q:7RAufkeZ5Hk:l6gmwiTKsz0\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/pehub\/news\/all?d=l6gmwiTKsz0\" border=\"0\"><\/img><\/a>\n<\/div><img src=\"http:\/\/feeds.feedburner.com\/~r\/pehub\/news\/all\/~4\/_No4okXFS7Q\" height=\"1\" width=\"1\"\/>","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; 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 [&hellip;]<\/p>\n","protected":false},"author":288,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-603252","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2wVS","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/603252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/288"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=603252"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/603252\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=603252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=603252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=603252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}