BREAKING: Remington to File for Chapter 11 Bankruptcy
By Matthew Moss
Last week we reported that Remington was seeking financing to file for Chapter 11 bankruptcy. On Monday the iconic gunmaker announced a financing deal had been agreed with its creditors. A Restructuring Support Agreement has been announced that will reduce approximately $700 million worth of Remington Outdoor Company’s consolidated outstanding debt. A Remington will also […]
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Source:: The Firearm Blog
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