In a Facebook post this morning, McMillan Group International announced that they are wrapping up the final negotiations for the sale McMillan Firearms Manufacturing. McMillan Group will retain their fiberglass stock business and, as we reported earlier, they recently made a splash with the creation of a firearms-friendly credit card processing service, McMillan Merchant Solutions. We’d guess that will stay with McMillan Group as well, but are trying to confirm that. No word yet as to the identity of the buyer. Stay tuned . . .
Update: In an email to TTAG, McMillan has confirmed that the newly-established McMillan Merchant Services will not be part of the sale.