Rem/Marlin/Bushmaster owner also owns Chrysler

Steve Johnson
by Steve Johnson

JR @ A Keyboard and a .45 pointed this out and I got quite a surprise.

Last year American private equity firm Cerberus Capital Management bought a 80.1% stake in Chrysler who, although I am sure you already know this, effectively blackmailed the US government by threatening to close their plants 6 days before Christmas and have now gotten their share of a $13.4 billion bailout.

Cerberus is also the firm that has been playing collect-the-whole-set with American firearm manufacturers. They own either directly or indirectly Remington, Marlin, DPMS, Bushmaster and H&R.

Wikipedia has a list of Cerberus owned companies.

Steve Johnson
Steve Johnson

I founded TFB in 2007 and over 10 years worked tirelessly, with the help of my team, to build it up into the largest gun blog online. I retired as Editor in Chief in 2017. During my decade at TFB I was fortunate to work with the most amazing talented writers and genuinely good people!

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