We just got off the phone with Richard Sullivan, President and CEO of Global Digital Solutions, Inc., the firm that has made an unsolicited offer to buy the Freedom Group from Cerberus Capital. Based on some of their press releases, Nick didn’t see much good coming from the transaction, if it’s eventually consummated. But in his conversation with RF, Sullivan sought to calm gun owners’ nerves over his company’s intentions . . .
While it’s true that they plan to use their digital know-how to produce “smart guns,” it’s not something they want to force down anyone’s throat. He said GDSI intends to offer their tech’d up guns alongside traditional firearms or as an add-on to existing guns. The Viet Nam vet (who doesn’t carry a gun, by the way) is reaching out to the NRA and gun owners to “seek their guidance” and find out what they want to see in their firearms.
As for the current Freedom Group structure, Sullivan had this to say about that. He doesn’t see any management changes in the offing and isn’t planning to spin off any of FG’s brands. However, he also mentioned that GDSI is Florida-based and noted how “proactive” Florida governor Rick Scott has been in trying to to get businesses to relocate to the Sunshine State. So take that for what it’s worth. And as always, continue to watch this space.