Daily Archives: July 1, 2020

Navajo Nation To Acquire Oldest Gun-Maker After Declaration Of Bankruptcy And Sandy Hook Lawsuit

Navajo Nation will acquire Remington after filing for chapter 11 bankruptcy for the second time. The tribe offered to buy the company in 2018 when the company declared bankruptcy for the first time. However, the offer did not materialize as the company sought other means of survival such as cost-cutting measures. Some of the creditors such as Franklin Templeton Investments…

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