Wow!
This is a big move!
Freedom Group just changed their name a couple months ago to Remington Outdoor Company -- they're one of the largest firearms manufacturers in the world.
In addition to Para, they own at least 15 firearms related companies including Remington, Bushmaster, DPMS, Barnes, and Marlin.
They are expanding rapidly-- for example, just last week they announced a new firearms manufacturing plant in Alabama that will employ more than 2000 people.