Remington Is On The Way To Solvency

[Pete44ru]

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Remington expects to be out of bankruptcy very soon:

https://www.reuters.com/article/us-remi ... SKBN1I332W

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[JerryB]

I am glad to see that, I would hate to see a gun company started in 1816 have to shut down.

[walks with gun]

Boy, I bet they come out with a line of AR's that look like like every other AR and are produced by someone else but carry the Remington name at a higher price. That would be a original idea.

[Rusty]

I hope they fix the M700 triggers.

[66GTO]

This is the most important and best part of the bankruptcy proceeding: "Cerberus Capital Management L.P., Remington’s current private equity owner, will give up its equity in the restructuring.

[cas]

Boy, I bet they come out with a line of AR's that look like every other AR....

No, no, no. They'll be uglier than everyone else's.

Crudely made, in Russia. Or Turkey if we're really lucky.

[crs]

"Cerberus Capital Management L.P., Remington’s current private equity owner, will give up its equity in the restructuring.

+1

[3leggedturtle]

I saw Remington declared bankruptcy in 1886.. Couldn’t find out how many more times they have since then! Todd/3leg

[Ray]

Deleted.