Once More Into the Breach

Finding Nonsense and Beating it Sensible

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I used to watch TV news and yell at the box. Now I jump up from the couch, sit at the computer and begin to type laughing maniacally saying "Wait until they read this." It's more fun than squashing tadpoles

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Wednesday, June 28, 2006

Winchester, Not Dead Yet

While some have written the obituary of Winchester, or as it's official title states, U.S. Repeating Arms Company there is yet a glimmer of hope. No one disputes the legacy of the Winchester lever action rifle. Its mystique as "The Gun That Won the West" will live as long as the films that feature it as the weapon of choice of the American Cowboy. Because of this their is one man, Michael Blank of St. Louis-based MHB Enterprises who sees a future for a company that wants to begin producing high quality "reproductions" of the original Winchesters bearing the Winchester brand. So in partner with Kevin S. Tierney, of Workout Solutions, Inc. To find such a buyer for the venerable company.

They put together a bidding process that closed on June 23 that has generated about a dozen bids. Below is the timeline of when we may know if a buyer has been found

  • Proposal Submission Deadline: June 23, 2006
  • Due Diligence Period: June 2, 2006 – July 12, 2006
  • Negotiations for a new license with Olin after a "Qualified Candidate" Submits proposal that is deemed worthy as a potential winning candidate: June 23 – July 12, 2006
  • Announcement of Winning Bidder: July 15, 2006
  • Winning Bidder Posts 10% deposit: July 21, 2006
  • Closing: September 1, 2006

One can go to save Winchester.com for updates and more.

Carnival of Cordite #63 at Mr. Completely



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