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Registered
Join Date: Jan 2002
Location: Nor California & Pac NW
Posts: 24,857
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Firearms related businesses are increasingly unattractive to investors and other financial entities.
It is not uncommon for institutional investors to require that their retained investment managers keep firearms related stocks out of the investor's portfolios. That currently means just gun manufacturers. In future I could see it including sporting goods retailers that derive a substantial amount of revenues from firearms and ammunition sales - though I haven't encountered that restriction myself (yet).
Interestingly, Cerberus has so far been unable to sell Bushmaster, a holding it decided to divest.
Last edited by jyl; 06-14-2013 at 05:17 PM..
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