Remington Bankruptcy

[Snyper708]

Do you guys think they will be gone and totally out of the business or will someone buy them out and continue to make there rifles and shotguns?

Colt has been in and out of bankruptcy for many years and is still around. I believe the same will happen with the Remington name.

There are some supporters who still recommend their rifles all the time.

 

[Bigeclipse]

I am with a company which recently went through bankruptcy and came out much stronger. That being said, the debt which basically desolves hurts people...it hurts some of the original investors but it also hurts us Americans. The debt does not just magically disappear. I can understand companies going through it once but not more than once, which in the case of Remington's current investors have been several times.