Posted March 26, 2018 10:00 am by Comments

By Robert Farago

Remington has filed for federal bankruptcy protection. “The filing allows Remington to stay in business while restructuring its massive debt,” money.cnn.com reports. “The company has been planning to reduce its debt by $700 million through the Chapter 11 process and contribute $145 million to its subsidiaries.” Bottom line . . . “Remington plans to keep on […]

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