“Tag: Chapter 11”

Remington Outdoor Company filed for bankruptcy protection on Sunday night, according to Reuters news service.

Colt has emerged from Chapter 11 restructuring and, together with good management and new products, looks to be in a great position for 2016.

Colt remains open for business and anticipates no impact on customers as it enters voluntary Chapter 11 bankruptcy, which will allow for quicker sale of operations in the U.S. and Canada.

The famed gunmaker’s financial challenges have been in the news a lot, but the company has one asset its competition eyes with envy—fan loyalty.