DPMS Under New Ownership
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DPMS Under New Ownership





St. Cloud, Minn.-based DPMS, supplier of AR15-based rifles, parts and accessories, announced that its assets have been acquired by an affiliate of Cerberus Capital Management L.P. In connection with the transaction, DPMS founder and President Randy Luth will remain president of the newly formed DPMS Firearms LLC and will continue to oversee the strategic and operational aspects of DPMS.

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