Thread: Remington in a Spot of Bother

From what I've read, the sandy hook tragedy did them no favours. An ar15 clone firm that the umbrella company Cerberus bought as well was used in the shooting and that came out later-stocks fell as a result.
Then there was something about the money that was used to buy Remington was borrowed and this then basically went into the books as a debt against Remington (700million something like that) so that definitely did them no favours.
I think I'm close here. @A330driver I'm not going political per se: but It does seem to make a difference on gun sales depending on who's in there. If they think they are losing them they buy up. If it looks a bit better they hold off.
I've seen it myself years ago with some people buying ruger mini14's just before the restrictions came in-easier to keep then than to get them later.