By this logic Smith & Wesson will kill off M&P-15 too.
Perhaps a little sad for the nostalgic folks, but necessary in my opinion. The market will be higher quality as a result. Remington can put the money into new and greater lines, that's for sure.
The prior owner of Bushmaster went out and put together Windham Weaponry in Maine.
I doubt Remington will improve as a result of this. They sure haven't 'improved' the brands they acquired, including Marlin.
Frankly, I think Remington has been a big admirer of Colt management ....