Remington Arms Company has been sold!
I just heard that Remington Arms has been sold to an affiliate of Cerberus Capital Management as a part of a definitive agreement between Cerberus and RACI Holdings Inc. Remington was sold for an estimated value of 370 million dollars with a debt of over 200 million . Here we go another capitalist take over everybody gets laid off and the company gets trashed. Its really sad but it's all about money! Will Remington survive? Only time will tell, why cant we make guns in the USA and show a profit???? 
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In its day the six gun was as common as the cell phone, and just as annoying when it went off in the theater! Support Your Local Sportsmens Club and Join the NRA!
A Government Strong Enough to Give You Everything You Need is Also Strong Enough to Take Everything You Have! (Thomas Jefferson)
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04-07-2007, 12:21 PM
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