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Re: Savage Arms Brand Sold Gremlin1104 #13961820 07/09/19
Joined: Dec 2008 Posts: 8,352 Likes: 3 NW MT Stormin_Norman Campfire Outfitter
Stormin_Norman Campfire Outfitter Joined: Dec 2008 Posts: 8,352 Likes: 3 NW MT	I have a heavy barrel savage 17hmr, my wife has a camo pink youth axis, and I have a loaner .243 axis deer rifle. Not the best quality rifles but all are good shooters. I would of bought my wife something better, but she was stuck on the pink camo above all else . Not even the youth tikka would do. ... As long a she's happy and it shoots I guess. "Life is tough, even tougher if your stupid" John Wayne

GB1

Re: Savage Arms Brand Sold Blu_Cs #13961823 07/09/19
Joined: Dec 2013 Posts: 44,906 Likes: 40 south of south local_dirt Campfire 'Bwana
local_dirt Campfire 'Bwana Joined: Dec 2013 Posts: 44,906 Likes: 40 south of south	Originally Posted by Blu_Cs Note, the acquisition was made by a 'financial" buyer. Which means the buyer will be focused on maximizing the asset. This sometimes means spinning off non or under-performing assets, merging offerings, or creating other 'shareholder return". This is as opposed to a "strategic" buyer, who is looking to build brand, niche, market share, offering in areas that are aligned with its core competencies. It also could mean piecing out and selling off all assets. Slaves get what they need. Free men get what they want. Rehabilitation is way overrated. Orwell wasn't wrong. GOA member disappointed NRA member 24HCF SEARCH

Re: Savage Arms Brand Sold Gremlin1104 #13961833 07/09/19
Joined: Nov 2013 Posts: 29,048 Likes: 28 West of the Blue Ridge Pappy348 Campfire Ranger
Pappy348 Campfire Ranger Joined: Nov 2013 Posts: 29,048 Likes: 28 West of the Blue Ridge	You just never know. Ithaca was bounced around for decades but finally was reborn with new gun-guy owners and now makes very nice stuff, but you'd never know it based on store shelves or advertising. Apparently they sell enough to keep the lights on, even at 2 or 3 times the price of good used ones. What fresh Hell is this?

Re: Savage Arms Brand Sold Gremlin1104 #13961869 07/09/19
Joined: Feb 2009 Posts: 10,969 Likes: 7 B bbassi Campfire Outfitter
bbassi Campfire Outfitter B Joined: Feb 2009 Posts: 10,969 Likes: 7	Savage lost me when they went PC and dropped the Indian chief logo. Unfortunate too, as they were one of the few that offered an affordable LH option. They say everything happens for a reason. For me that reason is usually because I've made some bad decisions that I need to pay for.

Re: Savage Arms Brand Sold Gremlin1104 #13961895 07/09/19
Joined: Mar 2013 Posts: 27,091 Colorado Rocky Mountains mtnsnake Campfire Ranger
mtnsnake Campfire Ranger Joined: Mar 2013 Posts: 27,091 Colorado Rocky Mountains	Have to wait and see now.

IC B2

Re: Savage Arms Brand Sold mjbgalt #13962034 07/09/19
Joined: Aug 2010 Posts: 28,749 Likes: 14 TN A alwaysoutdoors Campfire Ranger
alwaysoutdoors Campfire Ranger A Joined: Aug 2010 Posts: 28,749 Likes: 14 TN	Originally Posted by mjbgalt Wouldn't be hard to cripple the gun industry. Buy up stocks or take over the companies and shut them down. Then rule ar15s illegal to manufacture and we are in deep doodoo How so?

Re: Savage Arms Brand Sold mjbgalt #13962107 07/09/19
Joined: Feb 2011 Posts: 5,856 Michigan U UPhiker Campfire Tracker
UPhiker Campfire Tracker U Joined: Feb 2011 Posts: 5,856 Michigan	Originally Posted by mjbgalt Wouldn't be hard to cripple the gun industry. Buy up stocks or take over the companies and shut them down. Then rule ar15s illegal to manufacture and we are in deep doodoo Yeah, okay... Spend billions of dollars to buy companies and then shut them down. People who have billions of dollars got that way by not doing stupid stuff with their money.

Re: Savage Arms Brand Sold Gremlin1104 #13962368 07/09/19
Joined: Nov 2004 Posts: 10,097 Likes: 15 Idaho B Burleyboy Campfire Outfitter
Burleyboy Campfire Outfitter B Joined: Nov 2004 Posts: 10,097 Likes: 15 Idaho	They can pull a lot of money out of it and the bankrupt it. I'm sure they have some leveraged scam working for them to make sure they get theirs before it implodes. Bb

Re: Savage Arms Brand Sold Gremlin1104 #13963894 07/10/19
Joined: Jan 2008 Posts: 15,794 Likes: 3 M mjbgalt Campfire Ranger
mjbgalt Campfire Ranger M Joined: Jan 2008 Posts: 15,794 Likes: 3	That's what i meant. Buy or take it over and then suck the money out and close the doors. The people trying to take our guns have plenty of money to do this. It would be a first step. No more new ones and then get rid of the existing ones.

Re: Savage Arms Brand Sold Gremlin1104 #13963898 07/10/19
Joined: Aug 2010 Posts: 28,749 Likes: 14 TN A alwaysoutdoors Campfire Ranger
alwaysoutdoors Campfire Ranger A Joined: Aug 2010 Posts: 28,749 Likes: 14 TN	Except for one small detail, a capitalist sees the opportunity to fill a firearm demand left hanging by the closing of MAKER ABC.MAKER XYZ starts making and selling firearms to fill a void. Anyway, for a brand new rifle, I dont consider Remington or Savage. Last edited by alwaysoutdoors; 07/10/19.

IC B3

Re: Savage Arms Brand Sold Gremlin1104 #13963954 07/10/19
Joined: Aug 2005 Posts: 43,798 Likes: 6 Eastern Nebraska Calhoun Campfire 'Bwana
Calhoun Campfire 'Bwana Joined: Aug 2005 Posts: 43,798 Likes: 6 Eastern Nebraska	Apparently the person leading the acquisition is Al Kasper, President and CEO of Savage. Has been at Savage Arms for 23 years, and 17 of those were under Ron Coburn when Ron took it private and turned it around from bankruptcy. REI was threatening to cancel all Vista product contracts if Vista didn't stop mfr'ing AR15's and other scary guns. Divesting Savage or hamstringing it by cutting products has been in the works for over a year. Vista would have been screwed if they cut Savage products like the AR's they currently sell, the backlash from sportsmen would have been vicious on all Vista brands. So divesting it makes sense. This could very well turn out to be a very good thing for the company, taking it back to a "Savage Arms First" emphasis that it had back when Ron Coburn was running it. “The Savage 99 Pocket Reference”. All models and variations of 1895’s, 1899’s and 99’s covered. Also dates, checkering, engraving.. Find at www.savagelevers.com

Re: Savage Arms Brand Sold Blu_Cs #13964009 07/10/19
Joined: Jul 2009 Posts: 4,488 Likes: 1 NC - work / SC - play S ShortMagFan Campfire Tracker
ShortMagFan Campfire Tracker S Joined: Jul 2009 Posts: 4,488 Likes: 1 NC - work / SC - play	Originally Posted by Blu_Cs Note, the acquisition was made by a 'financial" buyer. Which means the buyer will be focused on maximizing the asset. This sometimes means spinning off non or under-performing assets, merging offerings, or creating other 'shareholder return". This is as opposed to a "strategic" buyer, who is looking to build brand, niche, market share, offering in areas that are aligned with its core competencies. Typical ignorant statement from someone who does not understand how m&a deals or the private equity universe works

Re: Savage Arms Brand Sold Gremlin1104 #13964016 07/10/19
Joined: Mar 2013 Posts: 27,091 Colorado Rocky Mountains mtnsnake Campfire Ranger
mtnsnake Campfire Ranger Joined: Mar 2013 Posts: 27,091 Colorado Rocky Mountains	Wait for the endgame.

Re: Savage Arms Brand Sold mtnsnake #13964032 07/10/19
Joined: Aug 2008 Posts: 1,953 C ChuckKY Campfire Regular
ChuckKY Campfire Regular C Joined: Aug 2008 Posts: 1,953	Originally Posted by mtnsnake Wait for the endgame. I agree, Unions and Pensions have to have something to do with this also.

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