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Feb 12th, 2024
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 ATK Buys Savage For $315 Million
#4252854
05/14/13 12:47 AM
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Joined: Nov 2005
Posts: 2,641
Fatalwishes' Wife
OP
Veteran Tracker
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OP
Veteran Tracker
Joined: Nov 2005
Posts: 2,641 |
ATK (NYSE: ATK) announced it has entered into an agreement to acquire Caliber Company, the parent company of Savage Sports Corporation. Savage is one of the world’s largest manufacturers of hunting rifles and shotguns, delivering innovative products for more than 100 years. The acquisition would expand ATK’s portfolio offering by adding long guns to its leading brands in commercial and security ammunition, shooting sports and security-related accessories. The transaction is subject to regulatory approvals and customary closing conditions. ATK anticipates closing the transaction in the first quarter of its Fiscal Year 2014 (FY14), which ends June 30, 2013. Click for more story <---------
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Re: ATK Buys Savage For $315 Million
[Re: Fatalwishes' Wife]
#4252899
05/14/13 01:03 AM
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Joined: Apr 2005
Posts: 562
TXMikeMcC
Tracker
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Tracker
Joined: Apr 2005
Posts: 562 |
This does not strike me as good for savage enthusiasts.
F-T/R Shooter
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Re: ATK Buys Savage For $315 Million
[Re: TXMikeMcC]
#4253195
05/14/13 02:35 AM
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Joined: Dec 2012
Posts: 3,621
Humannpower
Extreme Tracker
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Extreme Tracker
Joined: Dec 2012
Posts: 3,621 |
Iv got hogs an can show you a good time. 
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Re: ATK Buys Savage For $315 Million
[Re: Humannpower]
#4253199
05/14/13 02:37 AM
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Joined: Apr 2008
Posts: 7,041
texretvet
THF Trophy Hunter
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THF Trophy Hunter
Joined: Apr 2008
Posts: 7,041 |
If I had known it was for sale I would have written a check.
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Re: ATK Buys Savage For $315 Million
[Re: texretvet]
#4253445
05/14/13 04:26 AM
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Joined: Sep 2012
Posts: 525
Plano_guy
Tracker
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Tracker
Joined: Sep 2012
Posts: 525 |
Only the passage of time will show if it's possibly a bad news for Savage owners (I was surprised by $315 mil, I think it's kinda low for the world leading manufacturer)
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Re: ATK Buys Savage For $315 Million
[Re: Plano_guy]
#4253581
05/14/13 10:54 AM
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Joined: Jun 2006
Posts: 8,384
Dave Davidson
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2006
Posts: 8,384 |
Without a sense of urgency, nothing ever happens.
Boy, if I say "sic em", you'd better look for something to bite. Sam Shelley, Rancher Muleshoe Texas 1892-1985 RIP
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Re: ATK Buys Savage For $315 Million
[Re: Dave Davidson]
#4254483
05/14/13 06:07 PM
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Joined: Nov 2011
Posts: 1,202
Adelbridge
Pro Tracker
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Pro Tracker
Joined: Nov 2011
Posts: 1,202 |
savage owns bowtech and diamond archery.
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