BREAKING: Remington Outdoor Emerges From Chapter 11 Bankruptcy
In a quick-turnaround, even by pre-packaged bankruptcy standards, Remington Outdoor announced today that they’ve emerged from Chapter 11. The filing allowed the company to shed $775 million of their crushing $950 million debt load. Remington also has a new $193 million asset-based lending facility in place to finance operations going forward. In exchange for forgiving […]
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Source:: Truth About Guns
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