Remington Outdoor will be broken up and sold after a bankruptcy auction saw seven different buyers win the bidding for different parcels its weapons and ammunition holdings
Gun maker Remington Outdoor will be broken up and sold after a multiday bankruptcy auction saw seven different buyers win the bidding for parcels of the company’s weapons and ammunition holdings.
Sales of Remington’s ammunition and weapons manufacturing business, the Remington brand and others will bring in at least $155 million to be applied against the company’s debts.
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