Remington Bankrupt?

[Shooter45]

Own and used a lot of Remington's with great luck. Guess we'll see what happens.

http://www.foxbusiness.com/markets/2...-bankrupt.html

[OtterbatHellcat]

I think that would be a detriment to all Americans if true.

[beast556]

That's what happens when you let your product's go to shit. They did it to them selves.

[Monky]

That's what happens when you let your product's go to shit. They did it to them selves.

+1

[Great-Kazoo]

I think that would be a detriment to all Americans if true.

Bankruptcy possibly eliminates the lawsuits against them

[Gman]

This was part of the grab by Cerberus, snapping up a number of manufacturers and creating Freedom Group. That went well.

The initial investors were able to cash out. Now they have a lot more debt than the companies are worth.

[ben4372]

Thanks Freedom Group. Seems they gummed up much of the gun manufacturing. After reading a puff piece in American Rifleman I though they might be turning things around in terms of quality. I dont think it happened. Oh well, lots of used one out there of good quality.

[rondog]

You can bet the corporate bigwigs got their offshore accounts stuffed full.

[Mazin]

This was part of the grab by Cerberus, snapping up a number of manufacturers and creating Freedom Group. That went well.

The initial investors were able to cash out. Now they have a lot more debt than the companies are worth.

^this 100% ask bushmaster they got chewed up. That's when Windham Armory came to be, the old staff started up building rifles again. Correct me if my history is wrong guys it's been awhile since I've though about that.

[wctriumph]

My first gun/ rifle is a Remington and I had a 700 that was the best and most accurate rifle I ever owned. I had to sell it several years ago when times were tough and I really wish I had it back. I contacted the guy I sold it to but he had sold it when he lost a job. Every time I attend a gun show I have an eye out for it, it was special and I would know it anywhere. Remington will emerge from BK and we will still have great guns coming from them.