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Looks like Remington ammunition has a new owner

savage170
Remington Agrees to Sell Ammunition Business, Including Barnes Bullets, for $65 Million - The Truth About Guns
Remington filed for Chapter 11 bankruptcy protection for the second time in July. That was after a failed attempt to sell the company to the Navajo Nation and despite the biggest gun-buying boom in the history of the world. Since then, the company has been trying to sell off its various brands and operating units. […]

Looks like they added a update at the bottom of the page since the first time a read this article

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Comments

8 comments

Date Votes
  • montanajoe
    • Community moderator
     :o  :o
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  • bustedknee
    Apparently they are afraid they will be sued into oblivion over the Sandy Hook shootings. 
    How would that affect a buyer at this point?
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  • chiefr
    bustedknee said:
    Apparently they are afraid they will be sued into oblivion over the Sandy Hook shootings. 
    How would that affect a buyer at this point?
    If Remington gets sued by the Sandy Hook victims, its the beginning of the end of gun and ammo purchases as we know it.  While showing pity for the SH victims, suing a manufacturer for misuse of their products wont solve the problem.

    Misuse of products surround us no matter which direction we look. Next, we wont be driving vehicles anymore and a possible end to alcohol sales....... but then the courts will make an exception for marijuana. 

    Getting real sick of DEMOCRATs using the courts to fulfill their Communist ambitions. 
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  • mogley98
    Considering the sale includes liabilities that could be a bad deal for anyone even if you got it for a dollar.
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  • spasmcreeksrun
    will someone miss their thunderduds ????
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  • austin20
    spasmcreeksrun: 31544579774875/comments/31544606712731
    will someone miss their thunderduds ????

    😂

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  • Warbirds

    JJE is the same firm that owns Palmetto State Armory.


    I think its a good move!

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  • serf
    Well the firearm industry has been doing fine every time an election rolls around so far but then those lucky sevens can't last forever. One day these times could be called the good old times.
                                                                      serf
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