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November 22, 2009 9:27:55 PM EST
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Cerberus Capital Management's Freedom Group Files For $200 Mln IPO - Quick Facts
Wednesday October 21, 2009 09:02:00 EDT
(RTTNews) - Freedom Group, Inc., which is controlled by private equity firm Cerberus Capital Management, L.P., disclosed in a filing with the U.S. Securities and Exchange Commission that it plans to raise as much as $200 million through initial public offering of common stock.
Freedom Group, a manufacturer of firearms and ammunition products, did not disclose either the number of shares it intends to offer, nor its estimated price range.
For the six-months ended June 30, 2009, the company posted net income applicable to Common Stock of $23 million and net sales of $427.3 million.
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