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BREAKING: Remington Filing for Bankruptcy, Cerberus Surrenders Ownership to Creditors

The following excerpt is from an article that originally appeared on The Truth About Guns

Press release: Remington Outdoor Company Announces Restructuring Support Agreement with Creditors for a Comprehensive Financial Restructuring and $145 million of New Capital Normal Operations Will Continue During Restructuring Period Remington’s Liquidity and Competitiveness Enhanced All Claims including Trade Payables to be Honored Madison, NC – February 12, 2018 – Remington Outdoor Company (“Remington” or “the Company”) […]

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