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Gun Policy News

United Kingdom

17 January 2001


LONDON — British Industrial group Tomkins Plc is in talks to sell its Smith and Wesson handgun maker at a loss, the Financial Times said on Wednesday. Quoting company chairman David Newlands, the paper said that Tomkins confirmed it was in talks with two American gun companies. Newlands was quoted as saying that he thought Smith and Wesson would sell for a lower price than the original 76 million pounds ($112 million) originally paid for it. "We're not going to get... (

Read More: Reuters