Report: Taurus to buy Freedom Group

Alternate Headline: Taurus set to take over the firearms world

Alternate Headline: Doh?

Bloomberg.com is reporting that Taurus has been identified as a possible suitor to buy out Freedom Group. Its pure speculation at this point, but Taurus is openly saying that they are looking to expand their acquisitions, and apparently they do have enough capitol to be a player in such a deal.

Freedom Group is expected to bring between $745 million and $1.13 billion at the time of sale.

Taurus is traded under the ticker Forjas Taurus SA (FJTA4) and has been up 66% over the past year.

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