Reuters: U.S. gunmaker Remington exits bankruptcy in tough gun climate
U.S. weapons manufacturer Remington Outdoor Co Inc said on Thursday it had emerged from Chapter 11 bankruptcy with less debt and more stable financing that may help it ride out a slowing market for firearms.
In the weeks after the horrific Parkland school shooting in March, Remington had filed for bankruptcy because the company owed between $100 million and $500 million in debt.
