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The sale of the AR-15, America’s most controversial weapon
The sale of the AR-15, America’s most controversial weapon
In December 2005, five groups of Wall Street investors flew in private jets to Portland, Maine, where they took waiting limousines to a warren of metal buildings that resembled a mid-sized sawmill. They had come to Bushmaster Firearms looking for a highly profitable product whose market was growing faster than any other in the stagnant United States firearms industry. The product was the AR-15, and Bushmaster, the nation’s leading rifle manufacturer, had decided to auction off to the highest bidder.
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