Accused Arms Smuggler Sabre Sold For $5M
Judge Keith M. Lundin of the U.S. Bankruptcy Court for the Middle District of Tennessee approved a deal in which Manroy USA LLC would gain control of all Sabre's assets. Sabre supplied M16 rifles to the U.S. Navy and the Marine Corps.
Manroy, a Scottsboro, Ala.-based machine gun maker, closed...
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