The Roundhill Group Wants to Make Remington Great Again

When the winning bidders for the major business lines of what was once the Remington Outdoor Company became known last month, most of the acquirers were quite familiar to the gun community. Companies like Ruger, Palmetto State Armory, Vista Outdoor, Sierra Bullets, Franklin Armory and Sportsman’s Warehouse are well known and trusted names. Unlike the … Read more

WSJ: Remington Readies for a Second Bankruptcy Filing, Possible Sale to Navajo Nation

After the ongoing financial disaster that was ownership by Cerberus Capital Management and their Freedom Group pipe dream, Remington Outdoor filed a pre-packaged Chapter 11 bankruptcy in February of 2018. Cerberus relinquished its stake in the company at that point giving ownership over to the company’s creditors. Not long after the filing, the Navajo Nation … Read more

UPDATE – Remington: GDSI Bid is a ‘Publicity Stunt’

In the latest turn of events in the Freedom Group bid situation, grandviewoutdoors.com reports that they’ve obtained an internal Remington memo from George Kollitides to all Remington employees. In a bid to calm internal nerves, the CEO called GDSI’s bid nothing more than an underfunded “publicity stunt” that’s barely worthy of their time . . … Read more