How America’s oldest gunmaker went bankrupt
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Thread: How America’s oldest gunmaker went bankrupt

  1. #1
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    How America’s oldest gunmaker went bankrupt

    Now this was an interesting read, that clearly explained how private equity loaded Remington up with debt (to cash themselves out early...), which ultimately drove it to bankruptcy. Sound familiar to anyone who followed the Colt bankruptcy saga?

    https://www.nytimes.com/interactive/...gtype=Homepage

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    Damn Shame What's Happening To My America...!!!

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    krag96, WVCOLT, joehaber and 5 others like this.

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    NRA Life Member since 1977...

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    Thanks that was a good read on how it all happened
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    Over the year they made some "not so good guns" and bad management ran them down.
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    What a tangled web we weave....
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