Tuesday, January 31, 2012

According to Michael Bane

@ michaelbane.blogspot.com/2012/01/para-ac...reedom-group_30.html

First thing this AM, Para USA has been acquired by the Freedom Group of companies...here's the press release:


First thing this AM, Para USA has been acquired by the Freedom Group of companies...here's the press release:
Madison, NC – Freedom Group, Inc., (FGI) through a wholly owned subsidiary has announced today that it has finalized an asset purchase agreement to acquire certain assets of Para USA, INC., (Para).
Founded in 1985, Para has built a solid and enviable reputation for innovation, performance and reliability. Firearms enthusiasts, serious shooting competitors and law enforcement agencies choose with confidence from a wide and growing variety of Para pistols. Para’s revolutionary high capacity frame and light double action ( LDA ™) trigger systems, are part of the innovation that Para has brought to the world famous 1911 design.

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