Remington Tentative Breakup Winners Announced
 |
Although it won’t be formalized until approved at a hearing scheduled tomorrow (Tuesday, September 29) in the United States Bankruptcy Court for the Northern District of Alabama, the breakup plan for Remington was filed yesterday. Barring something unforeseen, Remington and its associated companies will be divided among Ruger, Vista Outdoor, Roundhill Group, LLC, Sierra Bullets, Sportsman’s Warehouse, Franklin Armory, and JJE Capital. Remington’s Lonoke, Arkansas, ammunition business will go to Vista Outdoor (with SIG Sauer as a backup bid), Sierra Bullets will acquire the Barnes Ammunition interests Ruger will acquire Marlin, Franklin Armory will assume the Bushmaster brand (and related assets), JJE Capital Holdings will assume DPMS, H&R, Stormlake, AAC, and Parker brands, and Sportsman’s Warehouse will acquire the Tapco brand. We’ll keep you posted as more of this story develops.
You may also like
-
Upcoming Programs To Expand Your Outdoor Skills As Of Dec. 18, 2024
-
Hook & Barrel Kicks Off 2025 with Jason Aldean on the Cover
-
Let’s Talk About Winter Bird Feeding
-
Biden Ignores the Facts to Push Gun Control in Response to Wisconsin School Shooting by Cam Edwards
-
New Gun Rules On His Way Out the Door by Tom Knighton