Rule303
(.416 member)
15/02/18 08:41 AM
Re: Remington filing for bankruptcy

szihn, I agree. When the Mega company that bought out Rem they passed on to it huge debts from other companies with in the group (What Air New Zealand did with Ansett Airlines, an Aussie airline plus had all their fuel bills going to Ansett. Ansett go bust and Air Kiwi free and clear). They then bought out Marlin at a time most if not all Marlins machinery needed replacing. Then throw in poor quality control. I would think no sane rational company would do that and expect to make a profit anytime at all.


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