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The Remington Model 7400 is a series of semi-automatic rifles manufactured by Remington Arms. The Model 7400 was a replacement of the Model 740 rifle which Remington produced from 1952 to 1981. [1] The 7400 model was ultimately replaced by the Model 750 in 2006. [1]
The sale price is too high to obtain traditional financing. The parties want to close quickly and/or save on closing costs. The parties prefer more flexible terms than what traditional lenders offer.
Remington filed for Chapter 11 bankruptcy protection in March 2018, having accumulated over $950 million in debt. Remington exited bankruptcy in May, less than two months after filing for protection under Chapter 11 laws. Remington's quick exit from bankruptcy was due to a pre-approved restructuring plan that was supported by 97% of its creditors.
Remington Arms was a notable American manufacturer of firearms, founded in 1816 by Eliphalet Remington and originally known as E. Remington and Sons. The company was acquired in June 2007 by a private equity firm, Cerberus Capital Management. [2] It became part of the firm's Freedom Group, which was renamed in 2015 as Remington Outdoor Company ...
Remington New Model Army Revolver, made 1863–1875 Remington Rolling Block Carbine 1867. The Remington company was founded in 1816. Eliphalet Remington II (1793–1861) believed he could build a better gun than he could buy. Remington began designing and building a flintlock rifle for himself. [8]
RemArms operates Remington Firearms, [51] licensing use of the Remington brand name from Vista Outdoor. After shutting down due to Remington's bankruptcy, the Lonoke ammunition plant was retooled in early 2021, ramping up production and running around-the-clock. [52] The company doubled the number of workers at Lonoke, employing over 900 people ...
The Remington Model 750 was a semi-automatic rifle and successor to earlier semi-automatic rifles Remington Model 740, Remington Model 742 and Remington Model 7400. [2] Production began in 2006 and discontinued in 2015.
The Remington Model 7600 is a series of pump-action centerfire rifles made by Remington Arms. The Model 7600 is a progression from the original Model 760 pump-action rifle which Remington produced from 1952 to 1981. [1] Production of the Model Six began in 1981 and was discontinued in 1987. [1]
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