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In 2015, the Freedom Group was renamed Remington Outdoor Company. In 2015, the families of nine victims of the 2012 Sandy Hook Elementary School shooting —in which 20 children and six adult staff were fatally shot—and a teacher who was shot and survived, filed a wrongful death lawsuit against Remington, a firearms wholesaler, and a firearms ...
Private equity firm Cerberus Capital Management plans to sell its Remington Outdoor Company. Investors abandoned shares of Smith & Wesson Holding Corp. (NASDAQ: SWHC) and Sturm, Ruger & Co. (NYSE ...
Remington Arms Company, LLC, was an American manufacturer of firearms and ammunition. It was formerly owned by the Remington Outdoor Company, which went bankrupt in 2020 with its lines of business sold to several purchasers.
Cerberus continued to have ownership in Remington Outdoor Company, and CalSTRS announced its divestment from Cerberus' gun holdings in June 2015. [91] In March 2018, Freedom Group, now known as Remington Outdoor Company, sought chapter 11 bankruptcy protection. [90] [92]
A judge approved Vista Outdoor’s $81.4 million bid for Remington’s ammunition and accessories businesses. The Ilion plant went to a group of investors called the Roundhill Group as part of a ...
Former Remington Arms workers and members of United Mine Workers of America Local 717, seen here in an O-D file photo from Nov. 7, 2020, picketed after the Remington Outdoor Company laid off all ...
Remington Outdoor Company declared bankruptcy in 2018, from which it emerged, and in 2020, following which it was broken up. [3] [4] The firearm portion of Remington Arms (excluding Marlin Firearms) [5] was sold to Roundhill Group, LLC, [6] and was then organized as RemArms, LLC.
Vista Outdoor was the parent company to many ammunition makers, including Federal, CCI, and Remington. [ 5 ] In November 2024, Vista Outdoor separated its outdoor products business into an independent, publicly traded company, Revelyst (NYSE: GEAR) and the sporting products business became a wholly owned subsidiary of Czechoslovak Group . [ 6 ]