From Ruger: Sturm, Ruger & Company, Inc. announced today that its offer to purchase substantially all of the Marlin Firearms assets was accepted by Remington Outdoor Company, Inc. and approved by the United States Bankruptcy Court for the Northern District of Alabama. The Company will pay the $30 million purchase price from cash on hand at … Read more
Remington has been fighting a long-running court battle against a group of Sandy Hook parents and survivors. While the plaintiffs couldn’t sue Big Green because of the provisions of the Protection of Lawful Commerce in Arms Act, the plaintiffs’ attorneys got a court to let the case go forward under a questionable theory that the … Read more
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