Search results
Results from the WOW.Com Content Network
In June 2007, a private equity firm, Cerberus Capital Management, acquired Remington Arms for $370 million, including $252 million in assumed debt. It became part of the company's Freedom Group. Remington was millions of dollars in debt and did not report a profit from 2003 to 2005. [3] In 2015, the Freedom Group was renamed Remington Outdoor ...
Parent company Remington Outdoor Company filed for Chapter 11 bankruptcy protection in March 2018. [4] As a result of the bankruptcy auction, the company was sold to JJE Capital Holdings, LLC in September 2020. [5] [better source needed] JJE Capital Holdings, which also owns Palmetto State Armory, [6] integrated AAC into its portfolio. This ...
Remington was the company's immediate corporate parent. On December 20, 2012, Cerberus announced they were selling their Freedom Group brands, including DPMS, based on pressure from a California pension board. [3] [1] DPMS was purchased by JJE Capital Holdings LLC on September 29, 2020, during the Remington bankruptcy proceedings. [4]
American Capital Ltd. announced a much-needed buyout last week, selling portfolio company DelStar to Schweitzer-Mauduit International for $231.5 million in cash. Since business development ...
Fool analyst Rich Smith recently discussed business development company American Capital's (NAS: ACAS) decision to repurchase millions of its own shares at the end of last year -- for those of you ...
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 ...
For premium support please call: 800-290-4726 more ways to reach us
[citation needed] Remington, along with its Marlin and H&R subsidiaries, are now part of the Remington Outdoor Company. H&R 1871 production ceased 27 February 2015. In the bankruptcy auction of Remington Outdoor Company the company was sold to JJE Capital Holdings, LLC.