FARK.com: (7491961) Cerberus sells off gun maker in the wake of school tragedy, making it harder for Commander Shepard to outfit his team on the Normandy

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		Cerberus sells off gun maker in the wake of school tragedy, making it harder for Commander Shepard to outfit his team on the Normandy (money.cnn.com)		16
		More: Misc, Commander Shepard, Normandy, Sandy Hook, Cerberus Capital Management LP, Smith & Wesson, Freedom Group, Colt Defense, massacres

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5059 clicks; posted to Main » on 18 Dec 2012 at 11:59 AM | Favorite | share:

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Galvatron Zero		2012-12-18 12:11:15 PM

6 votes:

HER team, subby, HER.

/Femshep ftw!

SuperT		2012-12-18 01:02:59 PM

3 votes:

His team? uh no, femshep is only shep.

quatchi		2012-12-18 11:00:46 AM

3 votes:

Did what now?

www.oocities.org

Weird, I thought he was more of a sword guy.

In the second presidential debate in the fall, Obama said he was going to see "if we can get an assault weapons ban reintroduced."

[okaywiththis]

error 303		2012-12-18 12:29:31 PM

2 votes:

Much like ME3, this won't end well.

solitary		2012-12-18 12:04:48 PM

2 votes:

The father of Cerberus's CEO lives in Newtown Connecticut.

That's why all the usual pro gun loudmouths are silence. This happened too close to their Wall St masters. This happened to real people in 1%erville.

whistleridge		2012-12-18 11:51:10 AM

2 votes:

I worked for a Cerberus owned company once. Those guys do not mess around. They will burn money like crazy if they think it will help their bottom line, and that will slash expenses to nothing for the exact same reason. They clearly think Bushmaster is going to be a liability, and they're ditching it. And I bet they didn't take pennies on the dollar either.

Those guys are sharks; if they're getting out, smart money says they know something. I have zero evidence for this, but after watching their operating practices in detail for 4 years, that's my strong gut feeling.

demonbug		2012-12-18 04:31:20 PM

1 votes:

whistleridge: I worked for a Cerberus owned company once. Those guys do not mess around. They will burn money like crazy if they think it will help their bottom line, and that will slash expenses to nothing for the exact same reason. They clearly think Bushmaster is going to be a liability, and they're ditching it. And I bet they didn't take pennies on the dollar either.

Those guys are sharks; if they're getting out, smart money says they know something. I have zero evidence for this, but after watching their operating practices in detail for 4 years, that's my strong gut feeling.

An article I read earlier indicated that CalSTRS is a big part of the reason for the divestiture. Apparently ~$750 million of Cerberus' $20 billion in assets under management belong to the California State Teachers Retirement System, which pushed strongly for it.

And for all the people wondering if this includes Remington, etc. - Cerberus combined all of their gunmaking acquisitions into one unit, the Freedom Group, which is what it is selling.

nameofperson		2012-12-18 02:02:40 PM

1 votes:

germ78: germ78: MaudlinMutantMollusk: scottydoesntknow: Meh Cerberus guns kinda suck anyway. Geth guns are where it's at

What a Cerberus gun might look like
[www.imfdb.org image 350x223]

The best weapon in ME3 is found in Cerberus HQ. Though it's an alliance weapon, go figure...

/with the right mods and ammo powers, you can stop Atlases and Banshees in 5-10 shots

Strike that and reverse it. This is the best weapon in ME3. The M99-Saber sacrifices shooting speed for sheer stopping power.

THIS.

scottydoesntknow:
/Never liked the sniper rifles in multiplayer. Much harder to get a headshot (the only shot that matters for sniper rifles) when you can't slow time down.

It's been very maligned now, but the Salarian Infiltrator is still my standard for sniping loadout. Cloak for max damage, Energy Drain with Neural Shock to paralyse enemies, and a nice Widow slug right to the head.
Rinse, repeat, kick ass.

Myria		2012-12-18 02:00:16 PM

1 votes:

balisane: Try yourself a renegade Femshep run; I'm finishing up one now. Holy crap, she is badass.

/also, put her in the Blood Dragon armor
//dem hips

Playing through all 3 games again would take foreeeeeever. >.<

/FemShep is the only Shep.

forgotmydamnusername		2012-12-18 12:42:49 PM

1 votes:

SomeoneDumb: This is an excellent oppy for shooting enthusiasts to pool their money together and buy their own company.

The problem is, their entire current product line will likely be illegal to sell to the public in about 6 months. You'b be far better off with the stock of a company that makes sporting shotguns or revolvers or something like that at this point. Just in general, though, firearms companies aren't great investments. They always end up competing against their own NOS and used products in the marketplace, since, with a minimum of care, most guns will take 50-100 years to wear out. Colt, Smith and Wesson, and Winchester all have some history of bankruptcies.

olapbill		2012-12-18 12:23:50 PM

1 votes:

More of a Jakobs fan myself.

Banacek		2012-12-18 12:17:59 PM

1 votes:

Galvatron Zero: HER team, subby, HER.

/Femshep ftw!

Jennifer Hale FTW!

/If it wasn't her I wouldn't have played FemShep
//Seriously, she's REALLY good

Dinobot		2012-12-18 12:17:27 PM

1 votes:

scottydoesntknow: Meh Cerberus guns kinda suck anyway. Geth guns are where it's at

I dunno, I like the Mattock, it's a pretty good single-shot rifle early in the game.

Sock Ruh Tease		2012-12-18 12:03:47 PM

1 votes:

I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go. I should go.