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In an effort to acquire Remington, Cerberus, as most non-public-fairness corporations would, developed a new entity, a holding company. Instead of Cerberus purchasing a gun company, Cerberus set revenue to the Keeping company, plus the holding company purchased Remington. The entities have been relevant but — which was critical — Just about eve
At the best of the workers’ checks, the name “Remington Arms” was printed, along While using the handle on the company’s new facility at 1816 Remington Circle SW in Huntsville. But this was somewhat deceptive. When the guns had been nonetheless stamped Together with the thick-footed Remington R, the company no longer existed as a completely