In a $100 million deal announced Monday, Smith & Wesson says it will purchase Thompson/Center Arms as soon as next month, according to this Associated Press report. S&W Chief Executive Mike Golden says the move will allow the company to target the $1.1 billion long gun market, while Greg Ritz, T/C's president and CEO, says the purchase will help the long gun maker expand its product line.
S&W has come a long ways since the English owned it and signed that pact with the devil (klinton adm.) The new owners owned Saf-T-Loc and bought S&W for a paltry $30 million a few years ago. They have come a long ways. I would be more than happy to send them some $love$.
