Firearms producer Remington Arms Co. is preparing to apply for chapter 11 defense for the 2nd time since 2018 and remains in innovative talks for a potential personal bankruptcy sale to the Navajo Country, people knowledgeable about the matter said.
The insolvency filing might come within days as the weapon maker makes preparations for the Navajo Country to act as the lead bidder to purchase Remington’s possessions out of chapter 11, these people said. Founded in 1816, Remington’s name weapons are mainstays in hunting, shooting sports, law …
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source https://jobsearchtips.net/gun-maker-remington-preps-for-insolvency-seeks-sale-to-navajo-nation/
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