In the firearms market, how is a business like this failing? The Sandy hook lawsuit and this was an easy out maybe? Not that they made the best quality stuff out there any more, but there's a very loyal following. Perhaps just complacent management? Lack of innovation?
Winchester now Remington, how long until S&W and Savage take the same route?
https://www.bloomberg.com/news/artic...nkruptcy-court
Vista Outdoor Inc. for its Lonoke ammunitions business and certain IP assets
Roundhill Group LLC for its non-Marlin firearms business
Sierra Bullets LLC for its Barnes ammunitions business
Sturm, Ruger, & Co. for its Marlin firearms business
JJE Capital Holdings LLC for DPMS, H&R, Stormlake, AAC and Parker brands
Franklin Armory Holdings Inc. for Bushmaster brand and some related assets
Sportsman’s Warehouse Inc. for Tapco brands