Posted May 6, 2018 1:00 pm by Comments

By Dan Zimmerman

Remington’s pre-packaged Chapter 11 bankruptcy filing was approved by a judge last week. Under the provisions of the plan, Cerberus Capital will give up its ownership stake in America’s oldest gun maker in favor of creditors who will take a hair cut on their outstanding debt to the company. The plan lined up seven banks […]

The post Is Bank of America’s Financing Commitment to Remington A Post-Parkland Problem? appeared first on The Truth About Guns.

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Source:: Truth About Guns

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