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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 ...
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 ...
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 ...
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In today's edition of Market Roundup, analysts Andrew Tonner and Anand Chokkavelu look at one way American Capital Agency is protecting its huge dividend. Because American Capital's short-term ...
American Capital was sold to Ares Management in 2017 at a sale price that totaled $4.1 billion. For those investors who bought American Capital stock in its August 29, 1997 IPO, and held their shares through the sale of American Capital on January 3, 2017, they received a 14% compounded annual return including dividends (not reinvested).
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H&R 1871, LLC production was moved to Ilion, N.Y. (the site of Remington's original manufacturing plant) in late 2008, while their corporate offices are co-located with Remington Arms in Madison, N.C. (HR1871.com and Remington.com). [citation needed] Remington, along with its Marlin and H&R subsidiaries, are now part of the Remington Outdoor ...