S&W Folding

I expect it's a Toimpkins business decision. I Also saw a thread this morning where, Ruger, Remington, Springfield Armory and Colt all have offers on the table for S&W.

It could be that Tompkins, in order to sweeten the deal has sold the parcel to lower the debt and make S&W more attractive to the buyers. Regardless, Tompkins PLC is looking to unload S&W and will probably to so at a big loss.

It could actually speed up the deal where S&W would be under American ownership.. Then if they can get Bush to nullify the dredded agreement...........

Mark / FL
 
Please don't get my hopes up like this if it isn't true. Do you know how excited I would be if Remington (American through and through) decided to purchase Smith and Wesson. (Wow, that's the first time I haven't typed *&* in a long time)
 
Tomkins may also be liquidating to build a reserve of cash, thus sweetening the deal for a potential buyer, and increasing their ability to fight off a hostile takeover.

Just a thought.
 
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