Just this very day, apparently the US Bankruptcy Court having jurisdiction concerning the Remington Group owned Marlin firm, with final approval of the $30M purchase of Marlin. Transioning of of the personal property assets of Marlin to Ruger existing facilities apparently to begin quite soon. Ruger claiming Marlin rifles dovetailing well with existing Ruger business and prospectives.
Seems to me a 'general' hooray for Marlin. Hope that purchase includes opporunity for all Marlin employees to continue employment! Ruger enters the pictue without the profound debt structure of Remington and nothing such as Remington owners bent only to extract major profits, sucking the life blood from that historic firm. The Remington name will almost surely continue on a purchase out of bankruptcy. What it amounts to in the future remains entirely to be seen. Those of us who have appreciated Remington guns for our collecting lives, yet to have hope, but no great expectations. Who knows! The dark side, perhaps emerging as a Chinese firm marketing "new & improved" pogo sticks! A rude ending for Remington!
Best & here beyond factual news, just my speculative take!
John
