If this is true I hope they dont ruin it by cost cutting.Smith and wesson liked the new center fire they were building and decided to buy the whole company I was told.I just hope they dont wack down the muzzle loaders and other things.I bet the contenders will be gone.I always love T/C guns and their service is second to none.

I read about the sale in the NRA Hunter Magazine. I only hope it will be a good move for all of us that love the TC's

The sale was done very quietly, and was almost a done deal by the time it was announced.

These acquisitions and mergers depend a lot on the clash of cultures between the two companies. If there isn't too much, things can eventually smooth out. If they are too dissimilar, it will not be successful.

jim

That's old news.

quote:

Originally posted by dgr416:
If this is true I hope they dont ruin it by cost cutting.Smith and wesson liked the new center fire they were building and decided to buy the whole company I was told.I just hope they dont wack down the muzzle loaders and other things.I bet the contenders will be gone.I always love T/C guns and their service is second to none.

You "were told" wrong.

quote:

Originally posted by RandyWakeman:

You "were told" wrong.

Unless you're suddenly part of the Executive Board of S & W, it's possible "you were" told wrong.

Don't tell anyone they are wrong here - without proof or a quote pertaining to the subject. I surely don't recall any "T/C about to be sold" threads by you - just prior to the T/C acqusition. So whatever S & W is telling you - sure isn't much insider info.

This is the same BS this guy spews out since he got shitcanned by gaybeard. He thinks you should bow at his feet when he speaks. Don't believe a word this fakeman guy says.

S & W is publicly held.

Smith & Wesson Holding Corporation to Acquire Thompson/Center Arms, Inc.

Deal Expected to Add $70 Million of Net Sales Provides Immediate Entry into Hunting Rifle Market

SPRINGFIELD, Mass., Dec. 18 /PRNewswire-FirstCall/ -- Smith & Wesson Holding Corporation (Nasdaq: SWHC), parent company of Smith & Wesson Corp., the legendary 154-year old company in the global business of safety, security, protection and sport, today announced that it has entered into a definitive agreement to acquire Thompson/Center Arms, Inc., a 40-year old, privately held, New Hampshire-based designer, manufacturer and marketer of premium hunting firearms, for $102 million in cash. The transaction is expected to close in the beginning of January 2007.