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Old 07-30-2020, 09:44 AM
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Nomercy448
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Join Date: Oct 2009
Location: Kansas
Posts: 3,671
Default Remington Shoe Dropped

The writing has been on the wall for a month or two now as Remington prepared for bankruptcy protection, for which has now been filed. Itís uncertain where the companyís debts will be transferred, as it appears interest from the Navajo nation has waned in recent weeks. Itís yet another unfortunate misstep in a series of such after the collapse and condemnation which happened so many years ago now with the first debt transfer to Cerberus/Freedom Group. With the closures this year of DPMS, Bushmaster, and other Remington brands, and the this additional step of perpetuating transfer of debt and equity among various creditors, the potential for a resurrection to their former legacy seems farther away then ever before.

Remington Files Bankruptcy for second time in as many years

Last edited by Nomercy448; 07-30-2020 at 09:48 AM.
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