Tuesday, February 13, 2018

Firearm Manufacturer Remington, Files Chapter 11 Bankruptcy Due to "Difficult Industry Conditions"

The company's sales crashed in 2017 after some possible negative firearms legislatures failed to pass in office and they reached a deal with their creditors in federal court to settle for $700 Million of their proposed owed $950 Million.

https://www.washingtonpost.com

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