Posted on 06/27/2020 7:02:19 AM PDT by mac_truck
Remington Arms, America’s oldest gun maker, is preparing to file for Chapter 11 bankruptcy protection and is in advanced talks for a potential sale to the Navajo Nation, The Wall Street Journal reported on Friday.
Remington is making preparations for the Native American tribe to serve as the lead bidder to purchase its assets out of Chapter 11, the Journal reported here, citing people familiar with the matter.
The report added that the filing could come with in days.
Remington had previously filed for bankruptcy protection in March 2018.
(Excerpt) Read more at nypost.com ...
Yes it is. Bunch if thieves.
Yes. It’s not that far from us.
Humor is good, Nez pa?
Maybe 5 miles N of the tracks and I-40 near Gallup? Holbrook? Winslow?
Next up, they buy a bankrupt fire water distiller...
Next up, they buy a bankrupt fire water distiller...
Lol
We still have my Dad’s first rifle, a .32 Winchester Special. It was manufactured in 1907.
The Remington factory in Illion, NY is very close to the the tribal lands of the Oneida Nation and Onondaga Nation.
WOW
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