Friday, December 26, 2014

Remington in trouble?

New York Post claims that Cerberus Capital Management is facing about $1 billion debt related to Remington Outdoor Co.

According to the article, Revenue fell from $1.25 billion to $1 billion in 2014. In 2012, Cerberus tried to unload Freedom Group, but the price difference derailed the sale.


From: NY Post

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