Rumors of the Freedom Group looking to buy a handgun maker have been bantered about by industry insiders ever since the holding company (owned by Cerberus Capital) began gobbling up gun and ammunition companies several years ago. The buzz centered on European handgun makers, specifically GLOCK or HK, however, the card has finally dropped and Freedom Group now owns Canadian-owned, but U.S.-based Para USA Inc.
January 31, 2012
