Why would anyone buy a product from a company that has been in bankruptcy TWICE. They will have to build a rifle that will compete with a half dozen other companies in every respect and for less money. To me that means BANKRUPTCY 3 TIMES.
Sigh.....
Remington went bankrupt because their two previous owners borrowed over a billion dollars against Remington, pocketed the money and gave Remington the debt. Little of it was invested back into Remington.
It had nothing to do with Remington's firearms or sales.
The fact that Remington labored almost a decade with that debt is a testament to how well their business was doing.
![[Linked Image from i.imgur.com]](https://i.imgur.com/X0n16mr.png)
